economy
Less Russian and Kazakh oil for German refineries
Residents of the eastern German city of Schwedt have expressed concern that a possible interruption of oil supplies could have serious consequences for the local economy and daily life, after Russia announced that it can no longer directly supply Kazakh oil to Germany via the "Druzhba" pipeline.
TL;DR
- Residents of Schwedt, Germany, are concerned about potential economic impacts from the halt of Kazakh oil supply via the Druzhba pipeline.
- The PCK refinery in Schwedt supplies about 90% of the fuel for Berlin and the Brandenburg region.
- Russia cited a lack of technical capacity for stopping the transit of Kazakh oil.
- Kazakhstan is working on alternative supply routes, possibly through Baltic and Black Sea ports.
- Transporting oil by sea could reduce refinery capacity to 65-70% and lead to job losses.
- Kazakhstan's Energy Minister suggested the situation might be linked to recent attacks on Russian infrastructure.
- Attacks on Russian refineries, including the Caspian Pipeline Consortium terminal in Novorossiysk, have occurred previously.