Scholz: Decision on PCK refinery as "protection"

Created: 09/16/2022Updated: 09/16/2022 2:04 p.m

View of the industrial site of the PCK refinery.

© Monika Skolimowska/dpa/archive image

Federal Chancellor Olaf Scholz described the concept for securing the PCK refinery in Brandenburg as a "far-reaching energy policy decision to protect our state".

Russia is no longer a reliable partner, said the SPD politician on Friday.

The federal government is doing everything to secure the supply of energy and especially oil.

Berlin - At the Schwedt site, one billion euros will be invested in the coming years as part of a future package.

The location and the jobs are thus secured.

Nobody in the PCK refinery has to worry about their jobs.

The federal government announced in the morning that the majority owners of the PCK refinery - two subsidiaries of the Russian state-owned company Rosneft - would be placed under trusteeship by the Federal Network Agency and thus under state control.

The background is the oil embargo against Russia because of the Ukraine war, which takes effect on January 1st.

At the EU level, Germany has committed itself to refraining from Russian pipeline oil.

Until now, PCK has been supplied with Russian oil via the Druzhba pipeline.

According to the Economics Ministry, Rosneft had little interest in turning away from Russian oil.

dpa