Russia says will halt oil flow to Germany via Druzhba pipeline
Key Points:
- Russia announced it will suspend the shipment of Kazakh oil to Germany via the Druzhba pipeline starting May 1, citing technical capacity issues, with volumes redirected to other routes.
- The suspension affects the PCK refinery near Berlin, which supplies about 90% of the city's petrol, kerosene, and heating fuel, potentially lowering its operational capacity.
- German authorities were informed of the suspension through Rosneft Deutschland and stated that while the refinery may operate at reduced capacity, the overall security of mineral oil supply in Germany remains assured.
- Russia's Deputy Prime Minister Alexander Novak noted that Germany has moved away from Russian oil imports, suggesting the country can manage without these deliveries.
- The disruption comes amid a wider global energy crisis exacerbated by the US-Israeli conflict with Iran, impacting oil and gas markets worldwide.