Slovenský plynárenský priemysel explained

Slovenský plynárenský priemysel
Type:private
Location City:Bratislava
Location Country:Slovakia
Industry:Oil and gas
Electricity
Products:Natural gas
Electric power
Services:natural gas transmission, distribution and sale
Owner:Ministry of Economy of the Slovak Republic
Subsid:SPP CNG
SPP CZ
SPP Infrastructure

Slovenský plynárenský priemysel, a.s. (abbr. SPP; Slovak: literally Slovak Gas Industry) is a state-owned energy supplier headquartered in Bratislava, Slovakia. The company follows on from over 150 years of gas industry in Slovakia. It is the biggest natural gas seller in Slovakia. In addition to natural gas, it sells CNG and LNG,[1] and supplies electricity.

On 1 July 2006, the company completed the legal unbundling, while according to the requirements of Slovak and European legislation, the companies SPP – preprava, a.s., nowadays Eustream, active in the area of international gas transmission, and SPP – distribúcia, a.s. in the area of natural gas distribution commence their activities.

In 2014, the Government of Slovakia became a sole owner of the company.[2]

In 2019, the company was selected by the state as a single buyers of renewable power in Slovakia for 2020–2021.[3] Slovakia uses 5 billion cubic meters of natural gas per year. In 2022, SPP ordered 32% of its supplies as pipe gas from Norway, and 34% as shipborne LNG via several countries.[4]

External links

Notes and References

  1. News: Slovak SPP will make LNG available as a fuel in the port of Bratislava . INDanube . 24 November 2017 . 2 January 2021.
  2. News: Changes in the ownership structure of the Slovak gas company SPP . Jakub . Groszkowski . . 11 September 2013 . 2 January 2021.
  3. News: Slovakia's SPP details single renewable energy buyer plans . Chris . Johnstone . . 31 October 2019 . 2 January 2021.
  4. Web site: Slovakia Strikes Supply Deals for LNG, Piped Norwegian Gas . pgjonline.com . 27 May 2022.