2021-11-17 13:30:00
RUSSIAN GAS FOR FRANCE
GAZPROM - November 16, 2021 - A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Jean-Pierre Clamadieu, Chairman of the Board of Directors of ENGIE, and Catherine MacGregor, Chief Executive Officer of ENGIE, took place today via a conference call.
It was noted that Russia has been a reliable supplier of gas to France for as many as 45 years, with exports over this period surpassing 427 billion cubic meters in total. The overall amount of gas supplied since the beginning of this year has exceeded 10 billion cubic meters – France ranks among the top three consumers of Gazprom's gas in the European Union.
The parties reviewed issues pertaining to the strategic cooperation between the companies underpinned by long-term contracts. The first of these contracts, which were signed back in 1975, remain in effect to this day. Such long-term arrangements facilitate the stable development of the European energy sector and further the interests of suppliers and consumers alike.
Particular attention at the meeting was paid to the important role of natural gas – a source of clean and affordable energy – in reaching Europe's climate targets.
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Background
ENGIE owns the largest gas transmission network in Europe and is the biggest UGS facility operator in Europe in terms of capacities. The company is headquartered in Paris, France.
Gazprom and ENGIE cooperate, inter alia, in gas supplies and transmission.
ENGIE is a shareholder in Nord Stream AG, the operator of the Nord Stream export gas pipeline (Gazprom – 51 per cent, Wintershall Dea and E.ON – 15.5 per cent each, and Gasunie and ENGIE – 9 per cent each). On November 8, 2021, Nord Stream AG celebrated the tenth anniversary of the start of Russian gas supplies to Europe via Nord Stream.
The two companies also pursue joint cultural projects.
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Earlier:
2021, November, 16, 14:45:00
NORD STREAM 2 CERTIFICATION ANEW
Russia has said that Nord Stream 2 is ready to begin commercial operations pending regulatory approval and that gas flows through the pipeline would help ease the current high European gas prices, which remain at sustained highs on winter supply concerns.
2021, November, 10, 12:15:00
RUSSIAN GAS FOR EUROPE
European gas prices have remained high through October and November, in part due to lower-than-expected imports from Russia and low levels of EU storage, especially in Gazprom-owned sites such as Rehden in Germany and Haidach in Austria.
2021, October, 18, 12:30:00
NORD STREAM 2 WILL HELP
Russia has repeatedly said that the early launch of Nord Stream 2 would help ease the current high gas prices in Europe, which have soared in recent weeks on intensifying concerns over winter gas supply amid lower-than-expected Russian deliveries.
2021, September, 20, 12:10:00
FRANCE'S WIND POWER 6 GW
France targets 2.4 GW of installed offshore wind capacity by 2023 and between 5.2 GW and 6.2 GW by 2028.
2021, September, 10, 12:50:00
NORD STREAM 2 COMPLETED
On Sept. 6, Gazprom said that pipelaying work on the project had been completed and commercial operations are expected to begin before the end of 2021. Nord Stream 2 includes two strings of 27.5 Bcm.
2021, July, 30, 08:15:00
FRANCE'S RENEWABLES €30.5 BLN
As part of its National Energy and Climate Plan (2020), France set its 2030 target for renewables at 33% of the final energy consumption.
2021, July, 27, 10:55:00
FRANCE'S NUCLEAR DEVELOPMENT
“The Framatome team continues to evolve our fuel solutions as part of our commitment to bringing advanced, economical technologies to the industry,” said Lionel Gaiffe, senior executive vice president, Fuel Business Unit at Framatome.
