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MOSCOW: Russia's largest bank Sberbank said on Thursday it had decided to recover debts from Russia's Antipinsky refinery ahead of schedule and that it had received rights for 80pc of the stock in the refinery.

The Antipinsky oil refinery, which has a capacity of 9 million tonnes per year, said on Monday it had filed for bankruptcy, weeks after a London court ordered its assets be frozen in response to a lawsuit from a trading house.

Copyright Reuters, 2019

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