The Prague Post
September 7th, 2008
Endowment Fund     Business Listings ONLINE      Reservations      Classifieds    Subscriptions
Real Estate Prague Prague Rentals Prague Apartments Prague Art & Antiques


ČR safe for now in Russian oil tiff

Industry and Trade Ministry: Reserves can last 102 days

By Hilda Hoy
Staff Writer, The Prague Post
January 10th, 2007 issue

The Czech Republic is tapping its oil reserves as a price battle between Russia and Belarus continued to cause significant supply shortages across Europe in recent days, and other countries are following suit.

By Jan. 9, oil flow from Russia to the Czech Republic had been reduced by more than half.

But the government is putting on a brave face, saying Czech day-to-day energy needs will remain unaffected.

"From the point of view of the Czech Republic, nothing has happened, because now the oil is flowing from our storage facilities, so the supply is uninterrupted," said Industry and Trade Ministry spokesman Tomáš Bartovský.

In line with European Union regulations, the Czech Republic has reserves to last about 100 days.

Russia and Belarus have been squabbling over oil and gas. Russia more than doubled gas prices to Belarus, and added a tariff on oil. Belarus slapped a transit fee on shipments in the Russian-owned Druzhba pipeline. That line passes through Belarus before splitting into two branches: one serving Poland and Germany and the other heading southward into Ukraine, Slovakia, the Czech Republic and Hungary.

The dispute is rippling through Europe, echoing last year's gas showdown between Russia and Ukraine. Both Moscow and Minsk are blaming each other for the oil disruption.

Supply to Poland and Germany began drying up Jan. 7, causing the countries to open reserves. A day later, shipments through the southern branch were also reduced, the Slovak operator of the pipeline, Transpetrol, announced in a press release.

The Czech Republic gets 65 percent of its oil through this pipeline.

Reserves are keeping the two main Czech refineries stocked, Michaela Lagronová, spokeswoman for Unipetrol, which operates the facilities, told Russia's Interfax News Agency.

If necessary, the Czech refineries can increase the amount of oil they get from other pipelines, like the Ingolstadt pipeline in Germany, Bartovský said. The country also has access via Slovakia to a pipeline originating in the Adriatic Sea.

The disruption has some calling for decreased dependence on Russia.

"Gas and oil are part of the neo-imperial politics of the Russian Federation," Prime Minister Mirek Topolánek told Czech daily Mladá fronta Dnes Jan. 9.

Naďa Černá contributed to this report.

Hilda Hoy can be reached at hhoy@praguepost.com


Other articles in News (10/01/2007):

Browse the Current Issue

If you enjoyed this article, why don't you subscribe to the print version!
We accept secure online transactions provided by PayPal and Moneybookers

Be the first to add a comment!


Full Name: *
City: *
E-mail: **
This comment can be published in the print version of The Prague Post
Enter the text on the right:
visual captcha
Comment: *
* Required field. In order to be approved for display, comments must have a first and last name and a city.
** E-mails are required and will only be used for internal purposes.

Most visited in Business Listings


The Prague Post Online contains a selection of articles that have been printed in
The Prague Post, a weekly newspaper published in the Czech Republic.
To subscribe to the print paper, click here.
Unauthorized reproduction is strictly prohibited.