Federal government without a plan: fate of the PCK refinery in Schwedt is waning!

Federal government without a plan: fate of the PCK refinery in Schwedt is waning!

In the current political debate about the PCK refinery in Schwedt, the situation is coming to a head. Since the beginning of the trustee over the Rosneft shares in September 2022 due to the Ukraine War, many questions have been in the room that must now be clarified. This trustee expires on September 10, 2025, and the federal government has so far not presented any specific plans for the further procedure. This is reported by the Nordkurier .

The member of the Bundestag Michael Kellner from the Greens made you take notice on the occasion of his request regarding possible expropriations. Economic State Secretary Frank Wetzel confirmed that the federal government is examining various options. Above all, the extension of the employment guarantee for the workers at the PCK is on the agenda. This guarantee expires in just two weeks, which is a great concern. Frank Bommert, the economic policy spokesman for the Brandenburg CDU parliamentary group, also supports the idea of ​​an extension of the guarantee and hopes for a new management under the new Federal Minister of Economics Katharina Reiche (CDU).

criticism of the government

Bommert also criticized the SPD and the Brandenburg State Government (BSW) not to have planned a visit to Kazakhstan. This would have been considered crucial to ensure the oil supply to Schwedt. Paneuropa also says that the refinery is immensely important for the care of East Germany and the greater Berlin area. The majority of the PCK refinery lies with 54% in the hands of Rosneft. Other shareholders are Shell with 37% and ENI with 8%.

The federal government is thinking about expropriation, which is called the unexpected and harmful of Rosneft for investment security. In the event of expropriation, the Kremlin threatens countermeasures and the company plans to legally act against the decision. The Ministry of Economic Affairs warned that control by Russia in particular could endanger the business of the refinery. In the course of these considerations, an invitation to the hearing took place to discuss possible steps of a nationalization, as reported by the Tagesschau

A look into the future

The Federal Government is in a dilemma: On the one hand, the economic operation of Rosneft Germany must be secured in the long term, on the other hand, negotiations on the sale of the company shares to new investors are recently stuck. With the discussion about expropriation, the nerves are tense, especially in view of the geopolitical situation. The next time will be crucial to clarify how the PCK refinery and the energy supply in the region will continue. The Brandenburg CDU is optimistic and has the hope of positive changes in management from the new minister.

concern about political and economic stability in this context is tangible. The coming weeks will be of great importance for the employees of the PCK and the entire region. The discussion about future orientation could set the course for the energetic care of East Germany. Further information can be read in a detailed article by SPIEGEL