Polish authorities announced their intention to transfer all excess oil to Germany

WARSAW, September 27 — PRIME. Poland intends to transfer all its surplus oil to Germany, according to the Ministry of Climate and the Environment of the Republic.

“Poland provides for the provision of the German side with a full surplus of oil between the needs of domestic refineries and the technical capabilities of our infrastructure,” the report says.

At the same time, the department stated that it “accepts with satisfaction” the recent actions of the German side, which transferred Rosneft’s subsidiaries – Rosneft Deutschland and RN Refining & Marketing – under the control of the Federal Network Agency.

Earlier in September, the German Ministry of Economy and Climate Protection announced that the German Cabinet had transferred Rosneft’s subsidiaries – Rosneft Deutschland and RN Refining & Marketing – under the control of the Federal Network Agency. The agency thus gained control of Rosneft Deutschland and a corresponding stake in three refineries: PCK Schwedt, MiRo and Bayernoil. After that, the Polish company PKN Orlen showed interest in buying a controlling stake in the PCK Schwedt refinery.

The Polish climate ministry also commented on speculation that some Polish companies, such as PERN or Orlen, could get a stake in the Schwedt refinery.

“In the context of the acquisition by one of the Polish companies of a stake in the PCK Schwedt refinery, it should be noted that investment decisions are made by the companies themselves, depending on their capabilities and expected benefits,” the report says.