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

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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