The future of the plant is uncertain.
(Photo: dpa)
Berlin The fact that the federal government wants to secure the continued existence of the refinery by investing in Rosneft Germany, the majority owner of the refinery PCK Schwedt, has been an open secret for weeks. Early on Friday morning the time had come: To secure operations, the Federal Government put the crude oil importers Rosneft Germany and RN Refining & Marketing GmbH under trusteeship of the Federal Network Agency, the Federal Ministry of Economics announced in Berlin.
The amendment to the Energy Security Act (EnSiG), which was sometimes referred to as “Lex Rosneft”, paved the way for this. But even after getting started, there are a number of pitfalls.
The German government’s aim is to force Rosneft Germany, a subsidiary of the Russian oil company Rosneft, out of the refinery. With 54.17 percent, Rosneft Germany is the majority owner of the refinery, which is of essential importance for the supply of heating oil, petrol, diesel and kerosene for the greater Berlin-Brandenburg area and for western Poland.
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