According to Economics Minister Robert Habeck, funding for the planned climate-friendly conversion of the oil refinery PCK in Schwedt/Oder is firmly planned. It is about a new funding program with 137.7 million euros until 2027 and 24.5 million euros in 2024, said the Green politician on Wednesday. “We are thus implementing the future package for PCK in Schwedt.” The aim is to pave the way for the planned climate-friendly transition for the Schwedt and Leuna refinery sites in Saxony-Anhalt and ports in Mecklenburg-Western Pomerania.
The PCK refinery in Schwedt, which supplies fuel to large parts of north-eastern Germany, mainly processed crude oil from Russia until 2022. As part of the sanctions against Russia’s war of aggression against Ukraine, the German government decided to forego Russian oil. Since then, new delivery routes have been sought. From July, 100,000 tons of Kazakh crude oil will be delivered monthly until the end of 2024. In June, according to its own statements, PCK achieved a capacity utilization of more than 70 percent for the first time this year.
The refinery is planning a climate-friendly future with hydrogen. According to the Ministry of Economic Affairs, the federal government is providing a total of 375 million euros for a special program up to 2032. Of this, 137.75 million euros are attributable to the financial planning for 2024-2027, which was approved by the Federal Cabinet on Wednesday. Brandenburg, Mecklenburg-Western Pomerania and Saxony-Anhalt implement the funding measures and finance them to the same extent as the federal government.
