Minister: Czechs discuss 1.5 billion cubic meters of LNG with US

Hospodarske Noviny reported that the Czech Republic was 'in talks' with the United States for the supply of 1.5 billion cubic metres of liquefied natural gas.

Since the Russian invasion of Ukraine, in '2022, the Czech Republic, like other countries in Central and Eastern Europe has diversified its energy sources. S&P Global reports that this has helped to cushion the impact of the Middle East war.

Czech Industry Minister Karel Havlicek has been quoted as saying he met with U.S. Commerce Sec. Howard Lutnick in order to discuss this deal. This would include utility CEZ.

According to Hospodarske noviny, he told reporters in Washington that "one of the most important missions" was to prepare conditions for the conclusion of a 'key contract' between the Czech Republic via CEZ and the United States?in the area of LNG.

"We're talking about 1,5 billion?cubic meters, which we'd contract for a period between 15 and 20 years."

He said that he was in negotiations with the three biggest gas suppliers who operate terminals across the U.S.

(source: Reuters)