Politico News

France talks tough with Ukraine while gobbling up more Russian gas – POLITICO

The French Economy Ministry said the Russian LNG problem “concerns neither the contract nor the activities of TotalEnergies, but the opportunity and risks of imposing new sanctions on the entire European Union” .

But experts don’t believe it.

Nguyen, the analyst, presented a multi-layered argument. Firstly, alternative imports exist, secondly, French industry is now systematically using less gas since 2022 and thirdly, national storage levels are higher than last year. Overall, this reduces the risk of supply shortages.

Also at the EU level, the bloc could replace its Russian imports with deliveries from countries like the United States, said Aura Sabadus, senior gas market analyst at market information firm ICIS. even if an “immediate” ban on LNG “could drive up prices”. .”

No liquid luck

The debate comes as the European Commission, the EU’s executive arm, begins preparations for a new sanctions package against Russia, the 14th.

But LNG is unlikely to feature in this package, despite repeated requests from the Baltics and Poland. Hungary has historically opposed gas measures and all 27 EU members must approve the sanctions.

Politico

Sara Adm

Aimant les mots, Sara Smith a commencé à écrire dès son plus jeune âge. En tant qu'éditeur en chef de son journal scolaire, il met en valeur ses compétences en racontant des récits impactants. Smith a ensuite étudié le journalisme à l'université Columbia, où il est diplômé en tête de sa classe.Après avoir étudié au New York Times, Sara décroche un poste de journaliste de nouvelles. Depuis dix ans, il a couvert des événements majeurs tels que les élections présidentielles et les catastrophes naturelles. Il a été acclamé pour sa capacité à créer des récits captivants qui capturent l'expérience humaine.
Back to top button