"The way I see it, there are no winners in this terrible deal"
Danish businessman Jesper Øhlenschlæger believes he has been made the scapegoat in a controversial oil trade in West Africa, where he is accused of playing a key role. Everyone shoulders some of the blame, he tells ShippingWatch.
The multinational commodity trader navigated through a turbulent market in fiscal 2022, which ended in September, but nonetheless closed the year with a record result. Challenging conditions will carry on into 2023.
Serious dissatisfaction is emanating from European capitals regarding the Energy Charter Treaty for protecting fossil energy investments, thus prompting the EU Commission to assess its options for a collective exit.