Ahead of a deadline set by the EU, Germany seizes control of three oil refineries controlled by Russia.

NEW Fox News articles can now be heard on audio! The German government has taken over control of an oil subsidiary in Germany that was formerly under the hands of a Russian oil titan, the government of Germany stated on Friday.

Rosneft Deutschland GmbH and RN Refining and Marketing GmbH, two businesses previously owned by the international oil and gas corporation Rosneft, were reportedly taken over by the German government. The measure, according to the administration, will ensure that oil production continues while the world tries to reduce its reliance on Russian oil.

The Federal Network Agency will be given responsibility over the enterprises, the German Ministry of the Economy announced on Friday. The agency will take over management of the company stakes in three refineries, PCK Schwedt, MiRo, and Bayernoil, according to the ministry.

The oil refinery on the industrial site of PCK-Raffinerie GmbH, jointly owned by Rosneft, are illuminated in the evening in Schwedt, Germany, on May 4, 2022.

The acquisition, according to the ministry, will endure for six months.

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According to Reuters, the Schwedt refinery provides 10% of Germany’s oil refining capacity and Rosneft Deutschland, one of the biggest oil processing firms in the nation, delivers around 90% of Berlin’s fuel.

The action is part of a bigger German government initiative to look for alternatives to Russian oil, which it plans to disclose later on Friday. Previously, Rosneft stated that it has no plans to halt the import of Russian oil.

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On January 1, 2023, a ban on buying Russian oil by the European Union will go into effect.

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