Rosneft protests over US sanctions on trading unit

Fresh sanctions come as Russian state-controlled oil producer struggles to grow oil and gas output and faces declining profitability

Sharp response: Venezuelan President Nicolas Maduro holds a sword, given as gift by Rosneft chief executive Igor Sechin during the signing of agreements in Caracas in 2016
Sharp response: Venezuelan President Nicolas Maduro holds a sword, given as gift by Rosneft chief executive Igor Sechin during the signing of agreements in Caracas in 2016Photo: AFP/SCANPIX
Published 19 February 2020, 11:10Updated 19 February 2020, 15:50