Germany Prepares To Expropriate Russian-Run Refinery

Germany Prepares To Expropriate Russian-Run Refinery

OilPrice.com

Published

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…

Full Article