Russian energy giant pleads for “differences in contracts”
French energy group Engie – a generator and distributor of electricity, natural gas, oil and renewables – has announced that Russian giant Gazprom has begun cutting gas supplies further on Tuesday, citing disagreements over contracts.
“Gazprom has notified Engie as of today (Tuesday) of a reduction in gas deliveries due to a disagreement between the parties over the application of some contracts,” the chief gas distributor explained in a statement.
Gazprom’s gas supplies to Engie had already fallen sharply since the start of the war in Ukraine in late February, with a recent monthly flow of around 1.5 TWh, compared to Engie’s total annual supplies in Europe of over 400 TWh, the company said. the French company.
Engie recalled that it has already secured the necessary volumes to ensure the supply of its customers and its own needs and that it has taken several measures to reduce “the direct financial and physical impact that could result from a gas supply interruption by Gazprom ».
Facing the forecast of a harsh winter from an energy standpoint if Russia turns off the tap to Europe thanks to EU partners’ support to Ukraine, France has already filled its winter gas reserves to 90%. The government hopes to reach 100% of the reserves by the end of the summer. “That doesn’t mean we have enough gas for the winter. That depends on consumption conditions,” government spokesman Olivier Véran warned in statements to the France Info chain.
French President Emmanuel Macron this Friday convened an Energy Defense Council dedicated to the supply of gas and electricity in France. “Transparency will be the key and will be the rule,” Véran promised, anticipating criticism from the opposition at these closed-door meetings. During the covid crisis, Macron regularly convened the Defense Council to make important decisions on health issues.
Source: La Verdad
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