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US issues general license for German assets of Russia's Rosneft, website shows
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US issues general license for German assets of Russia's Rosneft, website shows
Oct 29, 2025 7:42 AM

WASHINGTON, Oct 29 (Reuters) - The United States issued

a Russia-related general license authorizing transactions

involving Rosneft Deutschland GmbH and RN Refining & Marketing

GmbH, according to a posting Wednesday on a Treasury Department

website.

The transactions are authorized through 12:01 a.m. EDT,

April 29, 2026, the website said.

Washington had floated a six-month deadline for Berlin to

sort out the ownership limbo affecting the German assets of

Russian oil major Rosneft (ROSN.MM), allowing Rosneft to be

temporarily exempted from U.S. sanctions, Bloomberg News

reported on Monday, citing people familiar with the matter.

The Trump administration had conveyed to German counterparts

that it was considering granting the non-renewable, limited

general license, the report said.

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