Ministry of Economy extends trust for Rosneft. For the time being, the federal government is refraining from expropriating the Russian state-owned company's shares in three German refineries.
The Ministry of Economic Affairs announced this on Thursday. It is extending the trust administration for another six months. The refinery in Schwedt in the Uckermark in the northeast of Brandenburg supplies large parts of northeast Germany with fuel. it is majority owned by two subsidiaries of the RussianState-owned Company RosneFT.