MOSCOW :Kazakhstan will supply 100,000 tonnes of oil via Russia's Druzhba pipeline to Germany in March for the PCK Schwedt refinery after it agreed commercial and legal terms with all parties involved, two sources familiar with the talks said.Kazakhstan's Kazmunaigaz (KMG) oil company will supply the volume v
MOSCOW :Kazakhstan will supply 100,000 tonnes of oil via Russia's Druzhba pipeline to Germany in March for the PCK Schwedt refinery after it agreed commercial and legal terms with all parties involved, two sources familiar with the talks said.
The oil will be supplied to Rosneft Deutschland, which Germany had put under a trusteeship of the German industry regulator, the sources said. Rosneft still holds 54.17 per cent of the refinery. "The federal government has continuously supported the procurement of crude oil quantities ... by the shareholders of PCK and will continue to do so," a spokesman for the refinery told Reuters in a written answer.
"According to PCK management, the refinery's capacity utilization averaged around 60 per cent in January," the refinery's representative said.
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