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Brandenburg Backs Extension of Federal Trusteeship at Schwedt’s PCK Refinery

The state minister argues a renewed trusteeship is the safest way to keep the Schwedt plant stable during the transition away from Russian oil.

Overview

  • The current federal trusteeship over Rosneft’s majority stake is due to lapse on September 10, with the Economic Affairs Ministry set to decide on a further six‑month renewal that observers expect.
  • Daniel Keller says prolonging federal control is crucial for continued operations, job security and reliable fuel supply for the region.
  • PCK supplies much of northeastern Germany and Berlin, with 54 percent owned by German subsidiaries of Rosneft that have been under federal control since the Ukraine war reshaped supply policy.
  • Refinery utilization averaged above 80 percent in the first half of 2025, and Rosneft Deutschland says Druzhba pipeline damage from a Ukrainian attack has been repaired and flows should normalize.
  • Left party lawmaker Christian Görke criticizes another prolongation as a sign of federal indecision, describing it as a seventh extension and urging a public takeover of Rosneft and Shell stakes.