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Czech Republic and Germany Close to Gas Sharing Deal

NATURAL GAS

The Czech Republic and Germany are close to an agreement on sharing gas in times of emergency according to Czech Industry Minister Josef Sikela.

  • "I believe we have made significant progress in this issue, and that we will be able to close our mutual deal soon," he said.
  • Gas sharing between EU nations is part of the blocs plans to deal with gas shortages though few have been signed so far.
  • The two countries have defined conditions under which they would start sharing gas as well as what compensation the Czech Republic would pay Germany for use of the mechanism Sikela said.

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