French reserves are at 90% of their capacity

The LNG carrier “Flex Volunteer” leaves the quay at the Montoir-de-Bretagne terminal on April 12, 2022.

French gas storage will be completely filled on 1is November, predicted on August 3 the Minister of Energy Transition, Agnès Pannier-Runacher, on CNews. According to the European platform Aggregate Gas Storage Inventory (AGSI)France is on track to achieve this objective: its gas stocks for the winter were at 90.06% of their capacity on Thursday 25 August.

In detail, the stocks of Teréga, one of the two operators of the gas transmission network in France, were at 91.21% of their capacity, when those of Storengy, a subsidiary of Engie were at 89.67%. , according to the AGSI website. Operators are usually required to fill these reserves to only 85% on 1is November.

Also read the column: Article reserved for our subscribers Energy: “Concern is mounting for next winter”

Stopping deliveries by Gazprom

The Russian Gazprom has since the start of the war in Ukraine stopped gas deliveries to several European countries and very sharply reduced its deliveries in June via the Nord Stream 1 gas pipeline.

France, which claims to be in a more difficult situation « favorable » than its neighbours, is counting on gas stocks filled to the maximum and on a new LNG terminal next year to deal with other potential drops in supplies. On Wednesday August 24 on France 5, the Minister of the Economy, Bruno Le Maire, said: “It is on the question of Russian gas that part of the growth in Europe will be played out in the coming months”, as well as the risk of recession. “Everything will depend on Vladimir Putin’s decisions on gas”he specified. “If he ever decides to cut the gas for the EU and the euro zone, we assess the impact on growth, for France alone, at half a point of GDP, and probably more for other economies more dependent on Russian gas than we are. »

Read also: Article reserved for our subscribers In anticipation of the cessation of Russian deliveries, France hastens to build up its gas stocks

The World with AFP

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