Court in Germany approves support for transfer of Rosneft assets to external management

BERLIN, 14 March – RIA Novosti. The report said a court in Germany had approved the transfer of Rosneft’s assets to foreign management, and that this measure was “appropriate” and necessary to avoid the risk of disruption to oil supplies from the Russian Federation. expression Federal Court.

German news agency dpa reported on Tuesday that a court in Germany has dismissed Rosneft’s lawsuit against the German government, confirming the transfer of its assets to external management.

“The decree of September 2022 (German Ministry of Economy – ed.) on the establishment of external management in accordance with the Energy Security Law over the companies Rosneft Deutschland GmbH and Rosneft Refining and Marketing GmbH located in Berlin is legal. This decision is legal. Leipzig It was made today by the Federal Administrative Court in .

It was noted that the transfer of assets was “relevant” and necessary to avoid the risk of supply disruption and “to take timely action to decouple the PCK refinery from the Russian oil supply”.

Earlier, Rosneft’s representative at the court, Bertrand Malmendieu, stated in an interview with RIA Novosti that the foreign management of Rosneft’s stake in oil refineries in Germany has actually implemented an oil embargo, although there is no legal basis for this.

In September last year, the German government transferred Rosneft Deutschland and RN Refining & Marketing GmbH to the control of the German Federal Network Agency. Thus, it acquired share control in three refineries: PCK in Schwedt, Miro in Karlsruhe and Bayernoil in Vogburg. In October, it became known that Rosneft tried to appeal this decision through lawyers.