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Czech Oil Stocks Can last Till Second Half of August: Sikala

OIL

Jozef Sikala, Czech Minister of Industry and Trade comments from yesterday on twitter about Czech oil situation after news broke that the southern Druzhba pipeline has been halted since the 4th of August.

  • “Due to the stoppage of oil deliveries via the Druzhba pipeline, we are in contact with all relevant actors, with whom we are looking for a way to resolve the situation. The next few days will show whether this is another escalation of the energy war by Russia or a technical problem in payments.”
  • “The company MERO ČR has operational oil stocks stored, which will allow us to cover the supply shortfall at least until the second half of August. We also have strategic stocks that are enough for almost 90 days. We are not going to activate them now.”
Energy BulletsCommodities
Energy BulletsCommodities

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