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Report: Czech Republic to continue getting Russian oil for 3 years

PRAGUE, Dec 1 (PRIME) -- The Czech Republic will continue receiving Russian oil through the Druzhba pipeline’s southern branch for three more years, after which the country will switch to the Transalpine (TAL) Pipeline, online newswire Idnes reported late on Wednesday quoting Prime Minister Petr Fiala.

“Czechia will be dependent on oil supplies through the Russian pipeline Druzhba for three more years. But starting from 2025, supplies of strategic crude will be secured through the Transalpine Pipeline TAL, whose capacity will be expanded significantly,” Fiala said as quoted by Idnes.

Expansion of TAL’s capacity to 7–8 million tonnes of oil per year has already been approved by the management of the companies that operate the pipeline. The expansion should be finished in two years and cost around 1.2–1.6 billion Czech korunas, or U.S. $51–68 million, Fiala said.

End

01.12.2022 08:18
 
 
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