Kremlin says Rosneft’s dispute with Transneft not a matter for Putin

FAN Editor
The logo of Russia's oil company Rosneft is pictured at the Rosneft Vietnam office in Ho Chi Minh City
The logo of Russia’s oil company Rosneft is pictured at the Rosneft Vietnam office in Ho Chi Minh City, Vietnam April 26, 2018. REUTERS/Maxim Shemetov

July 10, 2019

MOSCOW (Reuters) – The dispute between Rosneft and Transneft <TRNF_p.MM> is not a matter for Russian President Vladimir Putin to intervene in because it is a corporate matter, Kremlin spokesman Dmitry Peskov said on Wednesday.

Russian oil production fell close to a three-year low in early July due to the row between oil pipeline monopoly Transneft and Russia’s biggest oil producer.

(Writing by Anton Kolodyazhnyy, editing by Louise Heavens)

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