Germany To Begin Refining Oil That Doesn’t Exist

Once Russia turns off the supply. If it hasn’t already.

Germany takes control of Russian-owned refinery – The German subsidiary of Russian oil giant Rosneft was placed under trusteeship, giving Germany’s federal regulator control of a key source of fuel for Berlin.

The German subsidiary of Russian oil giant Rosneft was placed under trusteeship on Friday, giving Germany’s federal regulator control of the PCK refinery in Schwedt, a key source of fuel for the city of Berlin…

Rosneft Deutschland accounts for about 12% of Germany’s oil processing capacity and is one of the largest oil processing companies in the country, the ministry said.

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