Gas: French stocks are filling up well according to the network manager

by time news
Gas: French stocks are filling up well according to the network manager

Faced with the instability due to the war in Ukraine, France is forced to quickly replenish its gas stocks and they are filling up at a steady pace according to the network operator. “Today we are at around 47% filling level, so we have made good progress since the beginning of spring, when we were at 19%”, declared on France Info Thierry Mauritanie, the general manager of GRTgaz, manager of the gas transport network over the majority of the territory. “The challenge of the summer is to fill the storage correctly,” he added.

“We have a rhythm which is quite good and I call on the suppliers to continue at this steady pace, we must fill the storages as quickly as possible and fill them as much as possible”, he declared, in order to put the country sheltered from a lack of Russian gas during the winter. “That means going beyond the regulations which impose 85% filling: the closer we get to 100% the better we will be to deal with a hazard possibly this winter”, he continued.

The official estimated that in the event of a drying up of Russian gas next winter, “we could have to reduce consumption (…) if there are periods of intense cold”. “The effort would focus on large industrial consumers,” he said, adding that there should be no “difficulties” if the winter is “normal”.

France thus began to organize in April the way in which targeted cuts could be implemented among large consumers. However, this last resort device would spare individuals as well as certain essential public services and even the most fragile businesses.

To diversify its supplies, France has also taken measures to increase its liquefied natural gas (LNG) import capacity in its LNG terminals and is even considering building a new floating LNG terminal in Le Havre.

“We believe that this terminal could come into service during the course of next year, the year 2023”, indicated Thierry oublie. “It is a very important project”, which “will have approximately the capacity to accommodate the equivalent of half of the French consumption of Russian gas”.

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