Russian Gas Exports to Czech Republic Rise 33 Percent in 2010

 

Prague (Czech Republic) hosted Thursday a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Petr Necas, Prime Minister of the Czech Republic as part of the 14th Annual General Meeting of the European Business Congress.

The parties discussed the current issues and the prospects for cooperation deepening in the energy sector. It was noted that the Russian-Czech partnership in the petroleum industry was mutually beneficial and the long-term contracts underpinning natural gas exports to the country were also a cornerstone of the regional energy security. In addition, the meeting focused on the execution of new gas export pipeline projects.

During the negotiations Alexey Miller emphasized that in 2010, with the recovery of European economies after the crisis, the Czech Republic had become the fastest growing importer of Russian gas: Gazprom’s exports to the country grew 33 per cent versus 2009.

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Source: Gazprom, June 3, 2011;