RWE Transgas reports first impact on Czech Republic from natural gas dispute

Importer RWE Transgas has reported a five percent drop in natural gas supplies to the Czech Republic from Russia. According to the firm, the drop is related to an ongoing dispute between Russia and Ukraine. A spokesman called the development the “first signal of the Russia-Ukraine crisis in the Czech Republic”, adding there would be no effect on Czech customers thanks to reserves and alternative supplies from Norway. Russia cut off shipments to Ukraine on January 1 in a dispute over prices and on Saturday energy giant Gazprom charged that Ukraine was illegally siphoning off supplies intended for EU countries. Others who have seen a drop in supplies include Hungary and Poland.

Author: Jan Velinger