The Czech Republic expects to end consumption of Russian oil in July next year after an upgrade to a transalpine pipeline allows it to ramp up shipments from the west, the deputy chairman of the state pipeline company MERO said on Thursday, Report informs via Reuters.
The country currently sources half its oil needs from Russia but has been looking to end those purchases following Russia's invasion of Ukraine in 2022 and an EU ban on most imports of Russian oil.
The Czech Republic expects to start increasing shipments of crude oil from the west in the second quarter of next year and to completely halt deliveries of Russian oil from July, MERO operations director Zdenek Dundr told Reuters.