“Oil by other routes”: Habeck: Schwedt refinery can be saved

“Oil by Other Routes”
Habeck: Schwedt refinery can be saved

Although the Schwedt refinery is totally dependent on Russian oil, Economy Minister Habeck sees a future for the company. In the short term, oil from other countries should be the solution. In the long term, however, the Minister has other plans and speaks of a “refinery of the future”.

Just before his visit to the PCK refinery in Schwedt, Brandenburg, Federal Economics Minister Robert Habeck said he saw a future for the company, threatened by the planned oil embargo against Russia . “There is a good chance that the Schwedt refinery will be preserved, that we will be able to supply it with oil by other means,” Habeck told Welt television.

These routes could pass through Rostock and Danzig. In cooperation with the port of Rostock, PCK could also develop “from oil to hydrogen” and thus become a “refinery of the future”. Habeck’s parliamentary state secretary, Michael Kellner, told Editorial Network Germany: “We want to talk to the employees and make them understand that we will take all necessary steps to secure Schwedt in the short term.”

In the medium term, the objective is to support the transition to green hydrogen, biochemistry and the circular economy. “With lots of green energy and well-trained specialists, this can be achieved especially at the Schwedt site,” says Kellner. Habeck and Kellner are expected in Schwedt on Monday for talks with management and staff. The European Commission is proposing to phase out Russian crude oil supplies for Germany and most other EU countries within six months.

The “Druschba” (Friendship) pipeline from Russia ends in Schwedt. The oil is processed at PCK, where around 1,200 people work, according to the state government of Brandenburg. The refinery is controlled by Russian state company Rosneft and is seen as a major problem in preventing Germany from becoming more independent of Russian oil supplies. According to information from the RND, the group is preventing the conversion of the site. So far, Rosneft has blocked the production of green hydrogen. To change this, a change of ownership is considered essential.

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