PRAGUE, March 12 (Reuters) - The Czech Republic is in
talks with the United States for the supply of 1.5 billion cubic
metres of liquefied natural gas, the industry minister was
quoted as saying on Thursday by Hospodarske Noviny.
Like other countries in central and eastern Europe, the
Czech Republic has been diversifying its energy sources since
Russia's invasion of Ukraine in 2022. According to S&P Global
this has also recently helped cushion the blow from the war in
the Middle East.
Czech Industry Minister Karel Havlicek was quoted as saying
he had met with U.S. Commerce Secretary Howard Lutnick to
discuss the deal, which would involve utility CEZ.
"One of the important missions is to prepare the conditions
for concluding a key contract between the Czech Republic through
CEZ and the United States in the field of LNG," he told
reporters in Washington, according to Hospodarske Noviny.
"We are talking about 1.5 billion cubic metres, which we
would contract for a period of approximately 15 to 20 years."
He said negotiations were underway with the three largest
gas suppliers who operate terminals in the U.S.