Germany Prepares To Expropriate Russian-Run Refinery
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German Economy Minister Robert Habeck says the government is preparing to take control of the country’s PCK refinery, operated by Russian state-owned Rosneft, as it scrambles to replace Russian oil to enable an EU-wide ban. The PCK refinery in Schwedt supplies eastern Germany and western Poland. Germany and Poland are now said to be nearing the end of discussions on a concerted effort to zero out Russian crude oil imports to Germany, with new sources re-routed through German and Polish ports. PCK currently receives…
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