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Rosneft Acquires 50% of Ruhr Oel by Junghietu Dorin is a document available to read on EtoBox.
Rosneft has agreed to acquire a 50% stake in Ruhr Oel GmbH (ROG), a leading downstream company in Germany, from Petroleos de Venezuela for $1.6 billion. ROG controls approximately 20% of German refining capacity through participations in four refineries with a total capacity of 470,000 barrels per day. The acquisition provides Rosneft with access to a major wholesale marketing platform in Germany and the ability to process up to 60% of its crude using the Druzhba pipeline. The deal upgrades and diversifies
- Author
- Junghietu Dorin
- Language
- EN