Rosneft takes new legal action against Germany over Schwedt refinery, reports Politico
Rosneft’s Legal Dispute with Germany Over Schwedt Refinery
Background of the Lawsuit
BERLIN, May 6 (Reuters) - Russian oil company Rosneft has once again filed a lawsuit with a local German court against the trusteeship of its German subsidiaries, which are majority owners in the PCK Schwedt refinery, Politico news outlet reported on Wednesday.
Response from German Authorities
The higher administrative court of Berlin-Brandenburg did not respond to a request for comment.
Statement from the German Economy Ministry
A spokesperson for the German economy ministry said in an emailed statement: "Ensuring security of supply remains the primary objective of all measures taken by the Federal Government in relation to Rosneft Deutschland."
Details and Timeline of the Legal Action
Rosneft filed the lawsuit on March 30 to meet a deadline in response to a German economy ministry order in late February that placed the Russian firm's units under a trusteeship, Politico reported, citing a court spokesperson.
Context of the Trusteeship Decision
The decision to place them under a trusteeship was part of efforts to establish long-term control after the previous framework required state control to be renewed every six months.
Previous Legal Attempts by Rosneft
Rosneft had filed a lawsuit against the previous trusteeship in 2022 but was unsuccessful.
(Writing by Miranda MurrayEditing by Madeline Chambers, Kirsten Donovan)
