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Czech President Petr Pavel’s Middle East trip has reached its second highlight. After visiting a close ally of the Czech Republic, enemy Israel, he visited a small Arab country, Qatar, with a population of about two million. This kingdom is a major player in the region. On the one hand, he has influence on the Hamas movement, and the president wants to lobby him for the release of the Israeli hostages kidnapped in the Gaza Strip, and on the other hand, his representatives are said to be sitting in some of the world’s largest gas reserves.
TOMORROW PLUS
Doha
11:23 p.m. January 17, 2024 Share on Facebook
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LNG end gas line valve in Germany | Source: Fotobank Profimedia
Michal Kocůrek from EGÚ Brno says that Qatar currently does not provide any part of domestic gas consumption in the form of direct deliveries. “Czech needs are mainly covered by imports from Norway, so at the moment we can say that Qatari gas is not immediately important for us,” he adds.
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Listen to the entire interview in the audio recording of the Ranní Plus broadcast. Moderated by Tomáš Pavlíček
“The capacity reservation in the LNG terminals in the Netherlands and Germany secured by ČEZ in 2022 was a necessary step for further negotiations with Qatar. The latter focuses on LNG deliveries based on long-term contracts of 20 or more years, while requiring a partner that is not only stable and trustworthy, but also has reserved capacity in the terminals,” he says.
“The second reservation in the German terminal, which should be available for ten years or longer from 2027, suggests that negotiations with Qatar could begin if the Czech Republic accepts this commitment, which may pose risks.”
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The decision whether the Czech Republic will conclude such a contract is more complicated than for other countries that have a long-term strong position in the global gas market.
“The fact that we are trying to supply liquefied natural gas ourselves to some extent is positive, but the question is whether we should go so far as to commit, for example, for twenty years, especially in a situation where demand is not fully met for sure is.” . It could have several causes – Qatar is trying to diversify its export portfolio and offer zero-emission alternatives such as blue ammonia,” he describes.
Security
According to the strategy, deliveries should be diversified and their share should be relatively small.
“In the current time horizon we may perceive some instability, perhaps less in the long term, but this is masked by supplies from other, more stable countries, which may be less stable in the longer term.” “The fact that we rely on different sources for our supplies splitting them up eliminates the risk of them being temporarily out of service,” says Kocůrek.
You can listen to further details in the recording of the entire interview. Moderated by Tomáš Pavlíček.
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