Headlines
US issues general license for German assets of Russia's Rosneft, website shows
Published by Global Banking and Finance Review
Posted on October 29, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 29, 2025
1 min readLast updated: January 21, 2026
The US has issued a general license allowing transactions involving Rosneft's German assets until April 2026, amid ongoing ownership issues.
WASHINGTON (Reuters) -The United States issued a Russia-related general license authorizing transactions involving Rosneft Deutschland GmbH and RN Refining & Marketing GmbH, according to a posting Wednesday on a Treasury Department website.
The transactions are authorized through 12:01 a.m. EDT, April 29, 2026, the website said.
Washington had floated a six-month deadline for Berlin to sort out the ownership limbo affecting the German assets of Russian oil major Rosneft (ROSN.MM), allowing Rosneft to be temporarily exempted from U.S. sanctions, Bloomberg News reported on Monday, citing people familiar with the matter.
The Trump administration had conveyed to German counterparts that it was considering granting the non-renewable, limited general license, the report said.
(Reporting by Katharine Jackson; Editing by Doina Chiacu)
Rosneft is a Russian state-owned oil company, one of the largest producers of oil in the world, involved in exploration, production, and refining of oil and gas.
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