Russian President Vladimir Putin in Ashgabat, Turkmenistan, on October 11. According to a recent report, the Czech Republic has spent more than 7 billion euros on Russian oil and gas since Moscow launched its full-scale…
Russian President Vladimir Putin in Ashgabat, Turkmenistan, on October 11. According to a recent report, the Czech Republic has spent more than 7 billion euros on Russian oil and gas since Moscow launched its full-scale invasion of Ukraine.
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The report argued that Czechia had “ample alternative non-Russian supply options” and the necessary supply routes and energy portfolio to fully phase out Russian fossil fuels.
The country could take advantage of the Transalpine Pipeline, which carries oil from Trieste, Italy, to Czechia, with the report adding that the pipeline was operating below its total capacity. Czechia could also negotiate with Hungarian oil firms to obtain non-Russian crude via the Adria pipeline.
Additionally, the country has several partners that would be able to assist it in finding alternatives to Russian gas.
“Czechia does not need to import any Russian pipeline gas to maintain the security of its supply,” the report said. “It can import enough gas from Norway via the pipeline routes in Germany. The Czech Republic can also buy liquefied natural gas (LNG) through the new floating terminal in Eemshaven, Netherlands.”
The think tanks urged the European Union to “complete the strategic decoupling from Russian oil” by removing the exemptions for imports to Czechia, Hungary and Slovakia and to set a firm deadline to cease all Russian gas imports.
“Phasing out Russian fossil fuel imports provides the region with a crucial opportunity to expand investments in renewable energy sources like solar and wind,” the report concluded. “By prioritizing cleaner energy alternatives, the countries in the region can reduce their carbon footprint, enhance energy security, and align with broader European goals for sustainability.”
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Publish date : 2024-10-16 04:29:00
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