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Rosneft sues German government for oil refinery seizure

Posted On: Apr. 18, 2023 9:49 AM CST

Russia-based oil company PJSC Rosneft Oil Company has sued the German government over its move to take control of its Schwedt refinery as well as its extension of trusteeship on the firm’s German subsidiaries, XM reported citing Reuters. Commercial law firm Malmendier Legal, which is representing Rosneft in the case, said that the Russian firm is also seeking damages for the financial losses it suffered during the initial six months of trusteeship.