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

Author

Listed:
  • Ondřej Nowak
  • Jiří Hnilica

Abstract

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, Prague University of Economics and Business, vol. 2010(3).
    • Handle: RePEc:prg:jnleam:v:2010:y:2010:i:3:id:103
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    More about this item

    Keywords

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

    JEL classification:

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

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