MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Germany’s Schwedt Refinery to Receive Oil Via Poland End-Jan

OIL

-Jan

Germany has received confirmation that commercial crude oil deliveries for the PCK Schwedt refinery are expected in the Polish port of Gdansk in January, the economy ministry told Reuters.

  • A tanker, carrying 100,000 tonnes of oil, will be delivered via Gdansk and further via the Polish pipeline system to Schwedt end-January, sources told Reuters.
  • Bigger volumes are planned to be shipped via Gdansk as of February, the source added.
  • The delivery follows months of talks between Berlin and Warsaw to secure supply for Schwedt.
  • Higher capacity utilization and diesel yields from Schwedt are in focus in Poland and Germany, as Europe gets ready for a ban on Russian diesel that comes into force on 5 Feb, tightening supplies.
  • From the start of January, the Schwedt refinery has been working at 50% of capacity as supplies from Russia have been eliminated. Germany said in December that Poland committed to provide enough crude for it to run at 70% capacity from January.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.