Thursday, October 10, 2024

Infrastructure needs to be developed to supply gas to landlocked EU states – Czech official

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BAKU, Azerbaijan, June 6. Infrastructure needs
to be developed to supply gas to landlocked EU states , Director of
the Department of Strategy and International Cooperation in Energy
at the Czech Republic’s Ministry of Industry and Trade Petr Binhack
said during today’s panel discussion themed “Gas Dialogue: The Role
of Gas Supply During the Energy Crisis” at the 29th Baku Energy
Forum in Azerbaijan, Trend reports.

“The Czech Republic has been actively negotiating alternative
routes for some time. We are in touch with our German colleagues
and are very grateful for the investments and efforts aimed at
creating infrastructure for LNG. This is not a new topic; it was
discussed at the European level 10 years ago. Now we have LNG
terminals on the Baltic and North Sea coasts, which is a very
positive step.

We need to develop infrastructure that will deliver gas from the
coast to inland member countries, such as the Czech Republic. This
is another redirection of gas flows in Europe: not from east to
west, not from north to south, but from west to east. This is a
significant change, and we see that there are bottlenecks that need
to be addressed,” the official explained.

Binhack emphasized that the European Commission is also
considering proposals within the framework of the Repower EU
initiative, aimed not only at improving energy efficiency and
increasing the use of renewable energy sources, including
biomethane and green hydrogen, but also at enhancing the
reliability of energy supply through cooperation among EU
countries, which is extremely important for the region’s
future.

To note, over 600 delegates are participating in the forum,
which began on June 5, representing a diverse range of countries
including Australia, Austria, Belarus, Belgium, Bulgaria, China,
the Czech Republic, Finland, France, Georgia, Hungary, India,
Israel, Italy, Japan, Kazakhstan, Latvia, Monaco, the Netherlands,
Norway, UAE, Qatar, Romania, Russia, Saudi Arabia, Slovenia,
Sweden, Switzerland, Ukraine, the UK, the US, and Uzbekistan. This
year’s forum boasts a record number of speakers, totaling 81.

The Forum’s agenda will address energy issues of significance
for Azerbaijan and the broader Caspian region, focusing primarily
on considerations and financing related to energy security, energy
transition, and green energy projects.

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