17.02.2025, 18:40
Russia retained its leadership in oil supplies to the Czech Republic in 2024
Source: OREANDA-NEWS
OREANDA-NEWS In 2024, the Czech Republic reduced oil imports by 12% compared to 2023, to 6.5 million tons, the country's Ministry of Industry and Trade reported, citing the National Statistical Office (CZSO).
Of this volume, 2.7 million tons, 42% were supplied from Russia. This is 1.6 times less than in the previous year. However, the Russian Federation has retained its leadership among suppliers. Azerbaijan is in second place, having increased the volume by 1.3 times, to 2.6 million tons. Kazakhstan closes the top three with 1 million tons (an increase of 1.3 times). Norway supplied another 102.8 thousand tons and Guyana supplied 58.4 thousand tons, while the United States and Iraq, which sold oil to the Czech Republic in 2023 (181.4 thousand tons and 61.8 thousand tons), did not sign contracts in the reporting period.
The main method of delivery of raw materials was the IKL (Ingolstadt Kralupy Litvinov) oil pipeline, which accounted for 58%. It connects the Czech Republic with the Transalpine TAL oil pipeline in the German city of Ingolstadt, which connects the port city of Trieste in northeastern Italy, where tankers arrive, with Germany. The country received 42% of the raw materials through the Druzhba oil pipeline.
The Czech pipeline operator Mero announced in mid-January that it had completed major work on the expansion of the TAL pipeline and expected to abandon oil from Druzhba in the middle of the year. The TAL-PLUS project aims to increase oil supplies to the Czech Republic by 4 million tons per year from 2025. Mero's investments for the project are estimated at 1.6 billion Czech crowns (about $70 million). The work related to the expansion of TAL's capacity affected facilities in four countries - Italy, Austria, Germany and the Czech Republic. The pipeline is directly connected to the Mero infrastructure in Fauburg (Bavaria), from where oil is transported to the Czech Republic via the IKL pipeline. The Czech Republic will receive up to 8 million tons of raw materials per year via the western route of these two oil pipelines, which will fully cover the needs of the country's refineries. The largest shareholders of the TAL consortium are OMV (32%) and Shell (19%), as well as several other international players among the co-owners.
Of this volume, 2.7 million tons, 42% were supplied from Russia. This is 1.6 times less than in the previous year. However, the Russian Federation has retained its leadership among suppliers. Azerbaijan is in second place, having increased the volume by 1.3 times, to 2.6 million tons. Kazakhstan closes the top three with 1 million tons (an increase of 1.3 times). Norway supplied another 102.8 thousand tons and Guyana supplied 58.4 thousand tons, while the United States and Iraq, which sold oil to the Czech Republic in 2023 (181.4 thousand tons and 61.8 thousand tons), did not sign contracts in the reporting period.
The main method of delivery of raw materials was the IKL (Ingolstadt Kralupy Litvinov) oil pipeline, which accounted for 58%. It connects the Czech Republic with the Transalpine TAL oil pipeline in the German city of Ingolstadt, which connects the port city of Trieste in northeastern Italy, where tankers arrive, with Germany. The country received 42% of the raw materials through the Druzhba oil pipeline.
The Czech pipeline operator Mero announced in mid-January that it had completed major work on the expansion of the TAL pipeline and expected to abandon oil from Druzhba in the middle of the year. The TAL-PLUS project aims to increase oil supplies to the Czech Republic by 4 million tons per year from 2025. Mero's investments for the project are estimated at 1.6 billion Czech crowns (about $70 million). The work related to the expansion of TAL's capacity affected facilities in four countries - Italy, Austria, Germany and the Czech Republic. The pipeline is directly connected to the Mero infrastructure in Fauburg (Bavaria), from where oil is transported to the Czech Republic via the IKL pipeline. The Czech Republic will receive up to 8 million tons of raw materials per year via the western route of these two oil pipelines, which will fully cover the needs of the country's refineries. The largest shareholders of the TAL consortium are OMV (32%) and Shell (19%), as well as several other international players among the co-owners.
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