Attached is the licence. It permits UK persons to continue business with Rosneft Deutschland GmbH and RN Refining & Marketing GmbH, two German subsidiaries of Rosneft and operators of refineries in Germany.
OFSI published the following FAQ in connection with this licence:
169. Can business operations with Rosneft Deutschland GmbH and RN Refining and Marketing GmbH continue as normal with regard to UK financial sanctions?
On 15 October 2025, the UK designated PJSC Rosneft Oil Company (“Rosneft”) under the Russia (Sanctions) (EU Exit) Regulations 2019 (“the Russia Regulations”). Rosneft is consequently subject to financial sanctions, as are entities owned or controlled by Rosneft.
On 22 October OFSI issued General Licence INT/2025/7598960. This GL permits the continuation of business with respect to Rosneft Deutschland GmbH and RN Refining and Marketing GmbH as well as their subsidiaries. These entities play a critical role in German energy security.
OFSI considers that these entities are subject to the UK’s financial sanctions due to their ownership by Rosneft, meeting the condition in regulation 7(2)(a) of the Russia Regulations.
OFSI also notes that from September 2022, Rosneft Deutschland GmbH and RN Refining and Marketing GmbH have been placed under trusteeship by the German government and are not subject to EU financial sanctions whilst the trusteeship arrangement or a similar firewall measure is in place.
Therefore, UK sanctions are not intended to negatively affect operation of these entities. Business operations may continue as normal subject to compliance with General Licence INT/2025/7598960.
OFSI’s further view is that all payments or other business operations relating to Rosneft Deutschland GmbH and RN Refining and Marketing GmbH as well as their subsidiaries that were carried out between the date of designation of Rosneft on 15 October 2025 and the publication of INT/2025/7598960 on 22 October 2025 would either be covered by the Russian Oil Majors Wind Down General Licence (INT/2025/7539056), or otherwise not be in the public interest for OFSI to investigate. OFSI does not require or expect reporting of these matters beyond the record-keeping requirements contained in the Russian Oil Majors Wind Down General Licences (INT/2025/7539056).
General Licence INT/2025/7598960 in line with OFSI licensing practice is valid for two years, but subject to potential renewal based on the factual situation described above.
Added on: 22 Oct 2025