US EditionGerman refinery's plight prompts calls for return of Russian oil
- The PCK refinery in Schwedt, Germany, faces uncertainty due to sanctions on Russian oil deliveries via the Druzhba pipeline.
- German sanctions, imposed following Russia's invasion of Ukraine in early 2023, halted crude oil flow, impacting the refinery's operations.
- The refinery, majority-owned by Rosneft Deutschland and under German government trusteeship, now operates at approximately 80 percent capacity.
- City council leader Hoeppner stated that production is less effective now that the plant accommodates different oil types.
- With 1,200 jobs at stake, officials are exploring options such as Rostock oil or Druzhba pipeline revival after the Ukraine war ends.
62 Articles
62 Articles
German refinery’s plight prompts calls for return of Russian oil
No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of Ukraine. But with the plant in the town of Schwedt on the border with Poland struggling to adapt to processing other raw materials,
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German refinery's plight prompts calls for return of Russian oil
No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of Ukraine.
German refineries in urgent need of Russian oil
No Russian oil has been delivered via the Druzhba pipeline to the PCK, a refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of Ukraine. But with the Schwedt plant, near the Polish border, struggling to handle alternative raw materials, voices are growing louder for a […] The post German refineries in urgent need of Russian oil appeared first on TFIGlobal.
Reduced prices drive a wedge into Russia's war efforts
Crude oil prices have not been lower since 2021 during the Covid pandemic. Halla Hrund Logadóttir, a member of parliament for the Progressive Party and former energy minister, says that this development could affect Russia's war machine in Ukraine, which relies on oil exports for revenue, especially to China and India.
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