June 2022, Vol. 249, No. 6

Projects

Czechs Ready to Invest in Pipeline Upgrade to Replace Russian Oil

Czechs Ready to Invest in Pipeline Upgrade to Replace Russian Oil  The Czech Republic is preparing to increase its investment in a key pipeline to boost its capacity and bring an end to the country’s partial dependence on Russian oil, Industry and Trade Minister Jozef Sikela told Reuters. The Transalpine Pipeline (TAL) carries oil from the Italian port of Trieste to Austria and Germany, from which another pipeline links it to the Czech Republic.  Currently, Czech refineries, owned by PKN Orlen, receive half their crude oil shipments through TAL, with the rest coming from Russia’s Druzhba pipeline.  The Czech government holds a stake of 5% in TAL,

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