RWE Supply & Trading CZ is the largest
natural gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...
trading company in the
Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
. It is owned by the
German
German(s) may refer to:
* Germany (of or related to)
**Germania (historical use)
* Germans, citizens of Germany, people of German ancestry, or native speakers of the German language
** For citizens of Germany, see also German nationality law
**Ger ...
energy company
RWE
RWE AG is a German multinational energy company headquartered in Essen. It generates and trades electricity in Asia-Pacific, Europe and the United States. The company is Europe's most climate threatening Company, the world's number two in offsh ...
.
The group used to own pipelines from Lanžhot on Czech-Slovak border to Germany. Its market position deteriorated in 1997 when the competing
Yamal-Europe pipeline was put into operation. Another threat was the
Nord Stream 1
Nord Stream (German-English mixed expression; german: Nord and en, Stream, literally 'North Stream'; russian: Северный поток, ''Severny potok'') is a pair of offshore natural gas pipelines in Europe that run under the Baltic Sea ...
linking Russia and Germany via Baltic sea. Its past subsidiaries included RWE Gas Storage (owns and operates several underground storages located in the Czech Republic). In December 2021, RWE put the gas storage business up for sale.
See also
*
Energy in the Czech Republic
Energy in the Czech Republic describes World energy resources and consumption, energy and Electricity generation, electricity production, consumption and import in the Czech Republic.
Overview
Primary energy consumption per million people in 2 ...
References
External links
*
Oil and gas companies of the Czech Republic
Supply
Supply may refer to:
*The amount of a resource that is available
**Supply (economics), the amount of a product which is available to customers
**Materiel, the goods and equipment for a military unit to fulfill its mission
*Supply, as in confidenc ...
Czech companies established in 2001
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