The Czech state-run Mero energy firm said on May 23 it has signed a deal to end the country's dependence on Russian oil, more than a year into Moscow's invasion of Ukraine. Mero will finance a $73 million expansion of the Transalpine oil pipeline (TAL), which supplies oil from the Italian port of Trieste to Central Europe. The Czech Republic's TAL capacity will now double to an annual 8 million tons of oil starting 2025. "This deal is our future. It will sever us from Russia after a long 60 years and help us achieve independence, freedom, and sovereignty in energy supplies," Mero chief executive Jaroslav Pantucek told reporters.
Editors' Picks
RFE/RL has been declared an "undesirable organization" by the Russian government.
If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.
To find out more, click here.