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Free AccessRosneft's Ownership Status in PCK Schwedt a Sticking Point for Poland
Poland requires Russia’s Rosneft is completely removed as shareholder from Germany’s PCK Schwedt refinery before they will supply the facility any crude.
- Germany took control of the Schwedt refinery, but Rosneft still holds 54% of the company’s shares.
- “In Polish-German technical talks on additional oil supplies for Germany that are underway, the Polish side is declaring that potential help is possible under condition that Rosneft Deutschland is removed from the list of shareholders of PCK Schwedt,” the Polish climate ministry said.
- Germany’s economy minister Robert Habeck said last week that talks with Poland on supplying oil for Schwedt were very advanced.
To read the full story
Sign up now for free trial access to this content.
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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.