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    Czech Position: Poles mull Net4Gas buy in tandem with Czech-Polish gas pipeline expansion

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Summary

To further weaken Russian control, Polish Gaz-System may bid on its counterpart Net4Gas. The companies already plan to build a new pipeline between the Czech Republic and Poland

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Press Notes

Czech Position: Poles mull Net4Gas buy in tandem with Czech-Polish gas pipeline expansion

In line with further reducing dependence on Russia for natural gas, Poles could also bid on Czech pipeline, E15 daily reports

Gaz-System, the gas transit system operator in Poland, reportedly could make a bid for its counterpart in the Czech Republic, Net4Gas, which together already plan to build a new pipeline between the countries in a bid to further weaken Russian control over the key energy source.

Czech-Polish cooperation on building a new pipeline “would be independent of the future owner of Net4Gas” Jan Chadam of Gaz-System told the Czech daily E15; he also did not rule out that the company could buy directly into Czech pipelines. Hinting at possible broader regional plans, he said the integration of Polish, Czech and Slovak pipelines — with Gaz-System’s participation — would benefit Europe as a whole.  MORE