AIRLINK 195.90 Increased By ▲ 1.07 (0.55%)
BOP 9.83 Increased By ▲ 0.02 (0.2%)
CNERGY 7.39 Increased By ▲ 0.03 (0.41%)
FCCL 40.22 Increased By ▲ 1.64 (4.25%)
FFL 16.38 Decreased By ▼ -0.07 (-0.43%)
FLYNG 28.96 Increased By ▲ 1.42 (5.16%)
HUBC 132.20 Increased By ▲ 0.45 (0.34%)
HUMNL 13.80 Decreased By ▼ -0.06 (-0.43%)
KEL 4.65 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.60 Decreased By ▼ -0.06 (-0.9%)
MLCF 46.28 Increased By ▲ 0.89 (1.96%)
OGDC 214.20 Increased By ▲ 0.21 (0.1%)
PACE 6.77 Decreased By ▼ -0.09 (-1.31%)
PAEL 40.30 Increased By ▲ 0.24 (0.6%)
PIAHCLA 16.59 Decreased By ▼ -0.20 (-1.19%)
PIBTL 8.44 Increased By ▲ 0.12 (1.44%)
POWER 9.79 Increased By ▲ 0.36 (3.82%)
PPL 182.70 Increased By ▲ 0.51 (0.28%)
PRL 41.86 Increased By ▲ 0.03 (0.07%)
PTC 24.85 Increased By ▲ 0.29 (1.18%)
SEARL 104.20 Increased By ▲ 1.67 (1.63%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 39.25 Decreased By ▼ -0.19 (-0.48%)
SYM 17.50 Increased By ▲ 0.17 (0.98%)
TELE 8.77 Increased By ▲ 0.01 (0.11%)
TPLP 12.73 Decreased By ▼ -0.02 (-0.16%)
TRG 65.75 Increased By ▲ 0.35 (0.54%)
WAVESAPP 11.17 Increased By ▲ 0.06 (0.54%)
WTL 1.71 Increased By ▲ 0.01 (0.59%)
YOUW 3.96 Increased By ▲ 0.02 (0.51%)
BR100 11,986 Increased By 12 (0.1%)
BR30 36,293 Increased By 147 (0.41%)
KSE100 113,393 Decreased By -50.7 (-0.04%)
KSE30 35,632 Decreased By -3.1 (-0.01%)

PRAGUE: The Czech Republic has started to import gas from Algeria in a bid to offset supplies from Russia as it pursues its war on Ukraine, the CEZ power group said on Thursday.

The supplies using pipelines in Tunisia and Italy will cover around two percent of Czech gas consumption, corresponding to the needs of 100,000 households, CEZ spokesman Roman Gazdik said in a statement.

He added that supplies negotiated with Algeria’s state-owned Sonatrach company had started in October. "We have taken another step to boost our energy security," said CEZ chief executive Daniel Benes.

A staunch supporter of Kyiv, Prague is already importing gas from Germany, Norway and through a liquefied natural gas terminal in the Netherlands.

The Czech Republic, an EU and NATO member of 10.9 million people, has been trying to shake off its dependency on Russian oil and gas since Russia invaded Ukraine in February 2022. A staunch supporter of Kyiv, Prague is already importing gas from Germany, Norway and through a liquefied natural gas terminal in the Netherlands.

Czechs used 6.76 billion cubic metres of gas in 2023, a drop of 10.4 percent over 2022 owing to savings heavily promoted by the government after the Ukraine invasion.

Comments

Comments are closed.