Czech Republic in talks on exemption from EU oil embargo, PM says

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The Czech Republic will seek an exemption period from the European Union’s proposed embargo on Russian oil, buying time to increase pipeline capacity, Prime Minister Petr Fiala said on Wednesday.

“We are ready to support this decision (on sanctions, including oil), given that the Czech Republic will have some postponement until capacity is increased in pipelines that can deliver oil to the Czech Republic “, said Fiala.

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“We’re trying to get that two, maybe three year postponement.”

The European Commission on Wednesday proposed a gradual oil embargo against Russia, along with other tough measures to punish Moscow for its invasion of Ukraine. Measures include phasing out supplies of Russian crude oil within six months and refined products by the end of 2022.

European Union flags fly outside the headquarters of the European Commission in Brussels, Belgium, April 20, 2016. (REUTERS/Francois Lenoir)
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European Union flags fly outside the headquarters of the European Commission in Brussels, Belgium, April 20, 2016. (REUTERS/Francois Lenoir)

The Czech Republic has requested an increase in the capacity of the TAL gas pipeline – running from Italy via Austria to Germany – which is awaiting approval from the Bavarian authorities.

Fiala said he would discuss the issue with German Chancellor Olaf Scholz during a visit to Berlin on Thursday.

SLOVAKIA SAYS IT WILL SEEK EXEMPTION FROM ANY EU EMBARGO ON RUSSIAN OIL

The Czech Republic joins other EU countries that want a longer transition to introduce the ban. Slovakia, which gets almost all of its crude imports from Russia, wants a three-year transition period.

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Hungary also said it could not support the measures in their current form.

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