Rosneft to continue Venezuela-related transactions despite sanctions

In light of recent US sanctions imposed against Rosneft Trading, a Rosneft subsidiary (see post), the company has said that it will continue to carry out its work in Venezuela within the framework of contracts signed before the sanctions were imposed. See statement. Rosneft’s VP of commerce and logistics said that the company’s transactions with Venezuela, involving 5 oil and …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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