(MENAFN- UkrinForm) This was stated in a repost cited by Bloomber, Ukrinform reports.

Sources speaking on condition of anonymity said that the Trump administration informed its German colleagues that it is considering granting a temporary limited license for Rosneft Deutschland. German officials are currently reviewing the proposal and are expected to provide a response in the coming days, the sources said.

One of the sources noted that Germany's Minister for Economic Affairs Katherina Reiche plans to discuss the issue during the upcoming G7 Energy and Environment Ministers' meeting in Toronto later this week.

The German government seized Rosneft's assets after Russia's full-scale invasion of Ukraine in 2022 and has repeatedly extended the trusteeship period since then. Although Berlin reached an agreement with Moscow to sell the German subsidiaries, negotiations with Qatar as a potential buyer eventually failed due to disagreements over price.

Rosneft Deutschland holds stakes in three German oil refineries, accounting for about 12% of the country's total refining capacity, including the PCK Raffinerie GmbH in Schwedt near Berlin. The company also owns a share in the Transalpine Oil Pipeline (TAL).

The six-month period proposed by the U.S. is significantly shorter than the two-year general license granted by the United Kingdom last week. Without this temporary exemption, Rosneft Deutschland risks losing key clients starting November 21, the date set in the latest U.S. sanctions package.

Germany's Ministry for Economic Affairs said it remains in contact with relevant U.S. authorities and aims to clarify all legal matters as quickly as possible but declined to comment on the details of the discussions.

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Berlin has so far refrained from nationalizing these assets over concerns that such a move could provoke retaliatory measures from the Kremlin against German operations in Russia.

As Ukrinform previously reported, Germany has been seeking to exempt Rosneft's business in the country from U.S. sanctions after banks warned that the restrictions could complicate cooperation with the local energy supplier.

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