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Qatar expands its influence in Europe through the purchase of Rosneft assets

news.az Qatar expands its influence in Europe through the purchase of Rosneft assets | News.az

Qatar is currently in talks with the German government to potentially buy Rosneft's assets in Germany . According to Bloomberg, citing unnamed source...

Qatar expands its influence in Europe through the purchase of Rosneft assets  | News.az

It's not surprising that Qatar is interested in picking up Rosneft's assets in Germany, given their existing strong ties with Russia. The Qatar Investment Authority (QIA), which is Qatar's sovereign wealth fund, already owns nearly 19% of Rosneft’s shares, a stake they acquired back in 2016. This move was a significant step in bolstering economic connections between Russia and Qatar. If this deal goes through, it could further deepen those ties and give Qatar even more influence in Europe's energy sector.

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