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Germany will keep Russian oil giant Rosneft subsidiaries under its control for another 6 months

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( ) -q-22- UNDATED (Correspondent Jeremy House) “oil refining capacity.”

The German government says it will keep two subsidiaries of Russian oil giant Rosneft under the control of German authorities for another six months.

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TAG: Correspondent Jeremy House reporting. Germany’s Economy Ministry says it is extending the trusteeship again until March 10 next year “to secure the energy supply.”

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VERBATIM: The government announced a year ago that it was putting the units under the administration of Germany’s Federal Network Agency. In March, a German federal court threw out complaints from Rosneft and upheld the decision. The trusteeship gave German authorities control of three Russian-owned refineries. Rosneft accounted at the time for about 12% of Germany’s oil refining capacity.

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