Rosneft to acquire Shell stake in German PCK Schwedt refinery
19.11.2021
MOSCOW (MRC) -- Russian oil firm Rosneft has agreed to acquire a 37.5% stake in German refinery PCK Schwedt from Shell, according to Offshore Technology.The firm has exercised an option to buy the stake, increasing its shareholding in the refinery to 91.67%. The remaining 8.33% interest in the refinery is held by Eni.The transaction is contingent on government and regulatory approvals.Ro