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Old 09-17-22, 09:05 AM   #1640
Rockstar
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Germany takes control of Russian-owned oil refineries

https://www.cnn.com/2022/09/16/energ...ies/index.html

Berlin/London
CNN Business

The German government has seized control of three Russian-owned oil refineries to secure supplies of gasoline, diesel and aviation fuel.

Germany’s economy ministry announced on Friday that it had temporarily taken over Russian oil giant Rosneft’s subsidiaries in the country. Rosneft Deutschland and RN Refining & Marketing account for about 12% of Germany’s oil refining capacity, the ministry said in a statement.

The move was designed to “counter the threat to the security of energy supply,” it added.
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