Press releases pg. 1
ČEZ enhances energy security by entering into a contract for gas supplies from Algeria
After two years of demanding negotiations, ČEZ trading experts have concluded a contract with the Algerian company SONATRACH for the supply of gas from Algeria. The supplies were launched in October this year. Gas will travel from Algeria via Tunisia, then through an undersea pipeline to Italy, and on to Europe and Czech Republic. The contract for an annual volume that will be able to cover the annual consumption of some 100,000 households, representing approximately 2 percent of the country’s annual gas consumption. ČEZ has been supported by the Ministry of Trade and Industry of the Czech Republic, the Ministry of Foreign Affairs of the Czech Republic, and the Czech Embassy in Algeria.
31. 10. 2024
Another step forward in the modernisation of the Czech energy sector: the government and ČEZ enter into a security agreement for the development of small and medium-sized modular reactors
After the government decided on the preferred contractor for the construction of two new nuclear units at the Dukovany Nuclear Power Plant, it is now taking another step forward, to secure a sufficient supply of electricity at affordable prices for future generations. The security agreement approved by the government will make it possible to secure the state’s security interests, by selecting a future partner for the development and construction of modular reactors in the Czech Republic. This document, required by the Low Carbon Act, precedes the selection of the contractor proper.