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Refiniring industry in the Czech Republic and energy securitiy in oil supply area


  • Ondřej Nowak
  • Jiří Hnilica


This article provides a summary of the refining industry development in the Czech Republic. It attempts to estimate tariffs charged by national transport company MERO and compare them with tariffs charged by other East European transit countries. National energy security in the matter of crude oil supply is discussed further. Emphasized will be the importance of the IKL pipeline, which connects the Czech Republic to a crude oil infrastructure in Western Europe. At the end the proposal of the Ministry of Trade and Industry to increase its strategic reserves of crude oil and petroleum products from the current level of 90 to 120 days of net imports will be presented. Also included is the introduction to a proposed method of the project's financing.

Suggested Citation

  • Ondřej Nowak & Jiří Hnilica, 2010. "Refiniring industry in the Czech Republic and energy securitiy in oil supply area," Ekonomika a Management, University of Economics, Prague, vol. 2010(3).
  • Handle: RePEc:prg:jnleam:v:2010:y:2010:i:3:id:103

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    References listed on IDEAS

    1. Erin T. Mansur, 2008. "Measuring Welfare in Restructured Electricity Markets," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 369-386, May.
    2. de Nooij, Michiel & Baarsma, Barbara, 2009. "Divorce comes at a price: An ex ante welfare analysis of ownership unbundling of the distribution and commercial companies in the Dutch energy sector," Energy Policy, Elsevier, vol. 37(12), pages 5449-5458, December.
    3. Pollitt, Michael, 2008. "The arguments for and against ownership unbundling of energy transmission networks," Energy Policy, Elsevier, vol. 36(2), pages 704-713, February.
    4. Baarsma, Barbara & de Nooij, Michiel & Koster, Weero & van der Weijden, Cecilia, 2007. "Divide and rule. The economic and legal implications of the proposed ownership unbundling of distribution and supply companies in the Dutch electricity sector," Energy Policy, Elsevier, vol. 35(3), pages 1785-1794, March.
    5. Mehdi Farsi & Aurelio Fetz & Massimo Filippini, 2008. "Economies of Scale and Scope in Multi-Utilities," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 123-144.
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    More about this item


    ropa; energetická bezpečnosti; strategické zásoby; cenové tarify; ropovody; oil; energy security; strategic stocks; tariffs; pipelines;

    JEL classification:

    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy


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