david waker 
Germany takes control of Russian firm Rosneft's operations in the country
Berlin said that on Friday he had taken control of German operations at Russian Rosneft companies, which carried out several refineries, to secure the supply of energy that had been disrupted after Moscow invaded Ukraine. German subsidiary Rosneft, who contributed about 12 percent of the oil purification capacity in the country, was placed under a guardian of the Federal Network Agency, the Ministry of Economy said in a statement.
The federal network regulator will take over RN Refining & Marketing GMBH and Rosneft Deutschland GMBH, which contributes about 12% of the German oil processing capacity, and its shares at the oil refinery in Schwedt, Karlsruhe and Vohburg, the Ministry of Economics said Friday.
In Germany, since June 23, 2022 the commemoration of the gas emergency plan has existed. “The situation is tense and the deteriorating situation cannot be ruled out. The supply of gas through Nord Stream 1 has not been continued by Russia, allegedly due to mistakes at the Potovaya compressor station, “said the Ministry of Economics.
But Germany said it did not consider the mistake as a technical reason for the suspension of operations.The soaring gas prices and Moscow’s steps to squeeze supplies to Europe have encouraged a series of government bailout funds and rescue loans. Chancellor Olaf Scholz and Economic Minister Robert Habeck will present Rosneft’s nationalization plan at a press conference in Berlin today.
Rosneft has been hit by Western sanctions against Ukraine, which hinders his global financing and trade.But the Russian energy giant said that the net profit was half a year rose 13.1 percent despite the detrimental external factors” in the midst of Russian attacks in Ukraine.
His net profit still rose to 432 billion rubles ($ 7.2 billion) after the increase in crude oil prices due to increased global demand and supply constraints caused by Russian operations in Ukraine.
After the beginning of an offensive British Energy company, the share of its share ownership was 20 percent in Rosneft.
In May, former German Chancellor Gerhard Schroeder, who was the Chairperson of the Company Council since 2017, resigned from his position after the busyness of criticism in Germany. He remains the head of the shareholder committee at Nord Stream AG, who operates the controversial Nord Stream 1 gas pipeline from Russia to Germany, which has been unemployed since the beginning of the month.
On Thursday, Russian President Vladimir Putin and Chinese leader Xi Jinping met for their first face-to-face talks from the beginning of the conflict in Ukraine, on the sidelines of the peak of the Shanghai Cooperation Organization (SCO) at EX-SOVIET UZBEKISTAN.
