The EU on Wednesday gave the green light to unblock a 90-billion-euro ($106 billion) loan for Kyiv, after the deadlock was broken in a months-long row between Ukraine and Hungary over a damaged pipeline.
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Russia confirmed Wednesday it will halt the pipeline flow of Kazakh oil to Germany next month, citing technical reasons, as Berlin stressed it does not expect an energy supply crunch.
The PCK oil refinery in the German town of Schwedt has struggled to remain profitable without Russian oil
The PCK oil refinery in the German town of Schwedt employs around 1,200 people
Germany's PCK oil refinery is majority-owned by a local subsidiary of the Russian oil giant Rosneft
No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied a…