Germany takes management of three Rosneft oil refineries

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Germany takes management of three Rosneft oil refineries

Rosneft Deutschland, which owns about 12% of German oil processing capability, will come below the trusteeship of the Federal Network Agency regulator, which mentioned the unique proprietor now not has the authority to situation directives. The regulator was additionally given management of Rosneft’s subsidiary RN Refining and Marketing.

With inputs from BBC

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