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Russian state company says its assets in Venezuela belong to Russia, TASS reports

ReutersJan 13, 2026 9:39 AM

- Russia's Roszarubezhneft said on Tuesday that all company's assets in Venezuela are the property of Russia and it will continue sticking to its commitments to international partners in the South American country, TASS news agency reported.

Roszarubezhneft, owned by a unit of the Russian Ministry of Economic Development, was incorporated in 2020 and soon afterwards acquired the Venezuelan holdings of Russian state-run oil company Rosneft ROSN.MM as Washington imposed sanctions on two of Rosneft's units for trading Venezuelan oil.

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