As of: February 7, 2024, 5:58 p.m
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The PCK refinery in Schwedt supplies large parts of northeast Germany with gasoline and diesel.
© Patrick Pleul/dpa/archive image
According to information from the German Press Agency, the federal government is examining the possibility of expropriating Rosneft Germany.
This is therefore a hearing as part of an examination.
A decision has not yet been made.
The “Handelsblatt” first reported on it, citing government circles.
Berlin - The Russian state-owned company Rosneft holds the majority of the Brandenburg refinery PCK in Schwedt.
The shares of around 54 percent are currently under federal state control - in a so-called trust administration.
The aim was to keep the plant, which had been running on Russian oil for decades and was very important for the northeast, running after the Russian war of aggression against Ukraine and the EU oil embargo.
The trust administration currently expires on March 10th, but could be extended.
According to dpa information, the federal government's primary goal remains to ensure security of supply and to secure Rosneft Germany's business operations reliably and in the long term.
With regard to the expiry of the trust administration, it was said that without subsequent government measures, Rosneft Germany was in danger of no longer being able to fulfill its supply mandate.
dpa