"Rosneft" has sold Venezuelan assets and left the country

Today “Rosneft” has signed an agreement with c company, 100% owned by the government of the Russian Federation, the sale shares and the termination of its participation in all projects in Venezuela, – stated in the message.

they added that we are talking about the so-called mining companies Petromonagas, Petroperija, Boqueron, Petromiranda and Petrovictoria, as well as oilfield service and retail operators.

Photo: AP Photo/Mark Lennihan the Bundestag condemned the US decision to maintain sanctions during a pandemic

as a result, all the assets and trading operations of JSC “NK “Rosneft”, or otherwise associated with Venezuela, “will be sold, closed or liquidated.” After the transaction the company will receive a package of own shares in the amount of 9.6% on the balance as one of its “daughters”, said the message.

In the Cabinet of Ministers confirmed the acquisition of the assets of Rosneft, RIA Novosti reported.

Now the company expects the lifting of sanctions with its subsidiaries, previously imposed by the American Ministry of Finance, as it fulfilled the requirements of Washington. About this informed the press-Secretary of “Rosneft” Mikhail Leontyev. According to him, the decision to leave Venezuela, dictated by obligations to shareholders. They will decide further destiny of a package in 9.6% of the shares.

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