Rosneft Sues Germany Over Schwedt Refinery Trusteeship

Rosneft has sued Germany over the trusteeship of its local units. The move follows a government order to secure long-term control of the Schwedt refinery.

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Rosneft-owned subsidiaries filed a new lawsuit against Germany over the state-ordered trusteeship of their majority stakes in the PCK Schwedt refinery on March 30. The legal challenge followed a February order establishing long-term government control over the Russia-linked oil units. The filing was made to meet a deadline in response to the German economy ministry's decision to place the units under trusteeship.

Legal Battle for Refinery Control

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