- The Federal Government and Länder will invest over 825 million euros in Schwedt over 15 years.
- A special program worth 750 million euros will support East German refinery locations until 2037.
- 400 million euros will upgrade the pipeline from Rostock to ensure oil supply for Schwedt.
- Talks with Poland and Kazakhstan aim to secure additional oil deliveries via Gdansk and the Druzhba pipeline.
Trust Management Implementation
The Federal Government has placed Rosneft Deutschland GmbH and RN Refining & Marketing GmbH under the trust management of the Federal Network Agency, based on the Energy Security Act. This decision aims to ensure Germany's medium and long-term mineral oil supply, particularly for the PCK refinery in Schwedt.
Operational Continuity
The trust management was necessary as key service providers, including suppliers, insurance companies, IT firms, and banks, were unwilling to cooperate with Rosneft. This move ensures the continued operation of the refineries and protects jobs in Schwedt and the surrounding region.
Investment and Funding
The Federal and Länder Governments will invest over 825 million euros in Schwedt over 15 years, with around 77% covered by the Federal Government. Additionally, a special program worth 750 million euros will support East German refinery locations and harbors until 2037, promoting commercial investments in the Uckermark region.
Infrastructure Upgrades and International Talks
To secure the oil supply for the PCK refinery, the Federal Government will invest 400 million euros to upgrade the pipeline from Rostock. Furthermore, ongoing talks with Poland and Kazakhstan aim to secure additional oil deliveries via Gdansk and the Druzhba pipeline before the end of the year.
Strategic Importance
Rosneft Deutschland accounts for around twelve percent of Germany’s mineral oil processing capacity, making it one of the country's largest mineral oil processing companies. The trust management is crucial to maintaining this capacity and ensuring a stable energy supply.
