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Rosneft expects the lifting of US sanctions with its subsidiaries in Venezuela

«Роснефть» рассчитывает на снятие санкций США со своих дочерних предприятий в Венесуэле

Rosneft expects the lifting of US sanctions with subsidiaries after the company decided to sell its assets in Venezuela.

“We made the decision based on the protection of the interests of our shareholders as a public international company. And we do have the right to expect from us regulators carry out their public promises,” — leads TASS words of the press Secretary of the company Mikhail Leontyev.

Earlier it was reported that “Rosneft” announced the termination of its activities in Venezuela.

It is specified that “Rosneft” signed an agreement with c company, 100% owned by the government of Russia, on the sale of shares and termination of its participation in all projects in Venezuela, including shares in mining companies Petromonagas, Petroperija, Boqueron, Petromiranda and Petrovictoria, to oilfield service companies and trading operations.

Later in the Cabinet of Russia confirmed the information about buying Venezuelan assets to Russian companies.

In February, the U.S. Treasury contributed to the sanctions list in Venezuela a structural unit of Rosneft Rosneft Trading SA.

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