July 10, 2019 / 9:19 AM / in 11 days

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

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

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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