Slovenský plynárenský priemysel

Slovenský plynárenský priemysel
Company typeprivate
IndustryOil and gas
Electricity
Headquarters,
ProductsNatural gas
Electric power
Servicesnatural gas transmission, distribution and sale
Revenue1,526,000,000 Euro (2018) Edit this on Wikidata
313,600,000 Euro (2018) Edit this on Wikidata
OwnerMinistry of Economy of the Slovak Republic
Number of employees
681 (2018) Edit this on Wikidata
SubsidiariesSPP CNG
SPP CZ
SPP Infrastructure
Websitewww.spp.sk

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.[1] In addition to natural gas, it sells CNG and LNG,[2] and supplies electricity.[1]

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.[3]

In 2019, the company was selected by the state as a single buyers of renewable power in Slovakia for 2020–2021.[1] 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]

In 2024, SPP into entered a short-term pilot contract to buy natural gas from Azerbaijan to reduce the impact of the Ukrainian closure of the pipeline for Russian supplies in 2025. Transfer will be by the Trans-Balkan pipeline, or possibly via Russia and the TurkStream pipeline across the Black Sea, then Turkey, Bulgaria, Serbia and Hungary. The contract could be extended into a longer-term deal.[5]

References

  1. ^ a b c Johnstone, Chris (31 October 2019). "Slovakia's SPP details single renewable energy buyer plans". S&P Global Platts. Retrieved 2 January 2021.
  2. ^ "Slovak SPP will make LNG available as a fuel in the port of Bratislava". INDanube. 24 November 2017. Retrieved 2 January 2021.
  3. ^ Groszkowski, Jakub (11 September 2013). "Changes in the ownership structure of the Slovak gas company SPP". Centre for Eastern Studies. Retrieved 2 January 2021.
  4. ^ "Slovakia Strikes Supply Deals for LNG, Piped Norwegian Gas". pgjonline.com. 27 May 2022.
  5. ^ Hovet, Jason; Astakhova, Olesya (13 November 2024). "Slovakia's SPP signs pilot deal for Azerbaijani gas". Reuters. Retrieved 14 January 2025.