DECRYPTION – The executive expects a stoppage of Russian gas deliveries which will weaken the electric winter. It should review the tariff shield.
The executive adjusts its discourse on the energy crisis situation and the risk that weighs on the security of gas and electricity supply. The immediate threat of a closing of the floodgates by Vladimir Putin is now publicly seen as the «central stage»in the words of a government official.
During the Meetings of the Circle of Economists organized over the weekend in Aix-en-Provence, Prime Minister Élisabeth Borne was clear: “We must not hide the reality, the gravity of the situation: the hypothesis of a disruption of gas supplies by Russia is credible.” “Let’s prepare for the total shutdown. This is the most likely option today.insisted the Minister of the Economy Bruno Le Maire on Sunday July 10.
Read alsoWill energy supplies be threatened this winter?
This Monday, July 11, the largest gas pipeline that supplies Western Europe with Russian gas, NordStream 1, stops working for ten days of maintenance. Europe fears that under various pretexts Vladimir Putin will allow…
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