Czech Republic is considering the purchase of shares in one of the LNG terminals in the neighbouring country. The Polish LNG terminal in Świnoujście is being be considered. However, it would be necessary to expand the gas connections between Poland and the Czech Republic.
The Czech government led by the new prime minister Petr Fiala has published a comprehensive programme and work plan. Among the many demands is one in which we read that the new government in Prague is considering the purchase of shares in an LNG terminal in a neighbouring country. Thus, the Polish LNG terminal in Świnoujście or the Croatian floating LNG terminal on the island of Krk could come into play. Although the Czech Republic does not border on Croatia, the facility is relatively close to Czech Republic. The document states that the importance of natural gas as a transition fuel will increase in Czech Republic.
“However, the growing share of gas must not mean a geopolitical threat. We will try to acquire shares in an LNG terminal in a neighbouring country in order to have access to a larger volume of resources,” the document reads.
Może Cię zainteresować:
The Czechs had plans to import gas from the Polish LNG terminal back in 2016. The then-spokesman of the ministry of industry – Frantisek Kotrba – argued that after the expansion of the gas link between Poland and the Czech Republic there would be technical potential to transmit Polish LNG to Czech Republic.
Meanwhile, according to the investment plans of the Czech transmission system operator Net4Gas for the years 2021-30, the expansion of the gas connection between the two countries has been postponed for later years. Documents dated 2020 show that the Stork II interconnector project linking Czech Republic and Poland was shelved. This pipeline was to increase gas transport capacity, starting from 2023. The new gas link is to be smaller and built in a few years’ time, so that it will be operational between 2027 and 2028.
The Świnoujście terminal’s capacity is approximately 5 billion cubic metres per year. With the ongoing expansion, the facility will have a capacity of 6.2 bcm, and from 2024 – 8.3 bcm. Czech Republic consumes about 8.8 billion cubic metres of gas annually. They now import the material from Russia and Norway.