Germany's Schwedt refinery to get non-Russian oil via Gdansk in January

By Markus Wacket and Marek Strzelecki

BERLIN/WARSAW – Germany has acquired affirmation that industrial crude oil deliveries for the PCK Schwedt refinery are anticipated within the Polish port of Gdansk in January, the financial system ministry advised Reuters.

A tanker, anticipated to hold 100,000 tonnes of oil, can be delivered through Gdansk and additional through the Polish pipeline system to Schwedt earlier than the top of January, a supply conversant in the matter on the Polish facet mentioned.

Greater volumes, according to earlier discussions, are deliberate to be shipped through Gdansk as of February, the supply added.

“I can affirm, that deliveries of crude oil for Schwedt through Gdansk are scheduled for finish of January,” a spokeswoman on the German financial system ministry mentioned in response to questions from Reuters. She declined to touch upon the small print of the deliveries, as these had been topic to contracts between the businesses.

The supply follows months of talks between Berlin and Warsaw to safe provide for Schwedt, which gives 90% of Berlin’s gas. It additionally comes after a memorandum between the 2 governments guaranteeing provides and the longer term possession construction of the refinery wouldn't profit Russia, a situation Poland has been vocal about.

Increased capability utilization and diesel yields from Schwedt are in focus in Poland and Germany, as Europe will get prepared for a ban on Russian diesel that comes into pressure on Feb. 5, tightening provides.

From the beginning of January the Schwedt refinery has been working at 50% of capability as provides from Russia have been eradicated. Germany mentioned in December that Poland dedicated to offer sufficient crude for it to run at 70% capability from January.

Germany, in September, took management of the Schwedt refinery, which was majority owned by Russia’s Rosneft, as a part of efforts to shore up the nation’s vitality provide. Schwedt’s co-shareholders are oil main Shell and Italy’s Eni.

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