Czech natural gas consumption slips 0.7% y/y in H1.

By bne IntelliNews July 31, 2012
Natural gas consumption in the Czech Republic fell 0.7% y/y to 4.64 billion cubic metres in the first half of 2012 due to warmer weather and lower industrial output, CTK newswire reported, quoting data from the Czech Gas Union (CPU). According to CPU's head Oldrich Petrzilka, Czech gas consumption has been gradually falling in the last five years, mainly due to reduced household consumption, partially affected by the thermal insulation of buildings. CPU projects natural gas consumption to grow again after several new steam-gas power plants are built in the next few years. Besides the steam-gas power plant in Pocerady, being built by Czech state-owned power group CEZ, another one or two similar plants are planned to come on stream in the next few years.
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