The third wave of strikes and protests over the government’s planned pension reforms hit France this week – and unions have threatened further action in the coming days and weeks.
Refinery workers walked out for 48 hours in January and again for 72 hours on February 6th, in a strike planned to coincide with the latest protests.
But up until now producers have been confident there will be no supply issues as a result of these strikes and have reassured drivers that stocks are full.
But industry experts have warned that problems could lie ahead if strike action and blockades are stepped up but also if drivers resort to panic-buying.
In January two-day walkout, the CGT reported 100 percent participation at the TotalEnergies Flandres depot, 80 percent at the Normandy refinery, nearly 100 percent at the La Mède bio-refinery (Bouches-du-Rhône), 50 to 70 percent at the Donges refinery (Loire-Atlantique) and 30% on the site of Grandpuits (Seine-et-Marne).
While shipments were briefly interrupted because of the action, there was no impact on services at fuel pumps.
“Stocks at service stations are full, [and] French depots are full,” Francis Pousse, president of service stations and new energies at Mobilians, told BFMTV at the time, as he warned that any dash to the pumps – even for “precautionary purchases” – may create unnecessary problems.
“The fact of rushing to the pump will constrain stocks more quickly and that’s when we will have difficulties,” he said.
Patrick Pouyanné, the boss at Total Energies had a similar message.
“Don’t panic, the stocks are full, the service stations are well supplied,” he told Sud Ouest newspaper.
“Some want to make precautionary purchases (of fuel) but this practice is dangerous, they can put the system under stress unnecessarily,” he added.
Unions have, however, warned that their strikes are renewable, and can therefore be extended. The last extended refinery strikes in October led to supply problems in France that lasted well over a week.
However Éric Sellini, CGT union representative with TotalÉnergies warned that if strike action was stepped up then stocks would be affected and “several motorway service stations may have to close.”
Meanwhile, reports have hinted that fuel prices may start rising again in France in the weeks ahead, as the European Union stepped up sanctions on Russian oil following the invasion of Ukraine.
In December, the EU imposed an embargo on Russian crude oil transported by sea. On February 5th, Member States did the same for refined Russian petroleum products, such as diesel.
Research shows that the oil price cap and the EU embargo on Russian crude is costing Russia €160million a day. Russia’s revenue from fossil fuel exports fell 17 percent in December 2022, to the lowest level since the start of the invasion of Ukraine.