Czechia acquires capacity at future natural gas terminal in Germany

Czechia, in cooperation with the semi-state energy firm ČEZ, has acquired capacity at an onshore liquefied natural gas terminal that is currently under construction in Germany, Czech Prime Minister Petr Fiala announced on Thursday.

ČEZ has signed a 15-year contract with the operator of the Stade terminal near Hamburg with the option of an extension, the Czech News Agency said.

At present Czechia has a lease on part of an LNG terminal in the Netherlands, until 2027.