Czechs got gas needs from Dutch LNG terminal Eemshaven

20 Sep 2023 CW Team

The Czech Republic has received liquefied natural gas (LNG) shipments equivalent to just over 25% of its annual consumption in the first year of operation of the Eemshaven terminal in the Netherlands. Notably, these shipments did not originate from Russia, according to statements made by utility company CEZ on Monday.

Through its majority state-owned entity, CEZ, the Czech Republic secured capacity at the Eemshaven terminal in the previous year. This move was part of the country's strategy to diversify its sources of natural gas, particularly in the aftermath of Russia's invasion of Ukraine.

In addition to the Czech Republic, energy giants Shell and Engie from France also reserved capacity at the Eemshaven terminal.

CEZ provided further details, indicating that approximately 2 billion cubic meters of gas, equivalent to approximately 27% of the nation's consumption in 2022, were delivered by 21 ships over the past year. Most of these shipments originated from U.S. ports in Texas and Louisiana. Furthermore, deliveries from South America and Africa have also reached the Czech Republic.

The utility company expects an additional nine ships to arrive by the end of the current year, further solidifying the country's efforts to diversify its sources of natural gas.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..