German government considers taking Schwedt refinery under state control
9/15/2022 10:05:49 AM
(Reuters) - The German government is looking at bringing the PCK Schwedt refinery, partially owned by Russian energy firm Rosneft, under state control, Spiegel reported on Thursday.
German Chancellor Olaf Scholz and Economy Minister Robert Habeck are expected to hold a news conference on Friday presenting details of the plans, Spiegel reported, citing government sources.
Options on the table include the government taking a direct stake in the refinery as well as a possible trusteeship or state investment, Spiegel reported without specifying the sources.
(Writing by Miranda Murray, editing by Rachel More)
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