RFI
05 Oct 2022, 20:47 GMT+10
French gas reserves for winter are full, the country's Energy Regulation Commission announced Wednesday - while nonetheless caling on French people to make a "huge collective effort" to cut down on energy consumption.
"The campaign to fill up storage facilities for the winter has ended with facilities stocked to more than 99 percent," the CRE said in a statement.
"As of October 5, suppliers have already built up nearly 130 TWh of gas reserves - a level higher than the average of recent years. These gas volumes represent about two-thirds of the winter consumption of SMEs and individuals."
This announcement makes France the third European country, after Belgium and Portugal, to fill its natural gas storage capacities to the maximum.
Savings 'crucial'
With Russian gas exports to France having completely dried up since 1 September, Energy Transition Minister Agnès Pannier-Runacher had said the government's objective was to fill gas stocks to 100 percent before November.
Operators are usually only obliged to fill their reserves to 85 percent by that date.
Having maximum gas stocks does not, however, rule out the risk of difficulties this winter. In a report published Monday, the International Energy Agency (IEA) said gas savings in Europe remained "crucial".
Europe faces 'unprecedented risk' of gas shortage - IEA report How the EU's energy roadmap aims to avoid 'winter of discontent'
"Without a reduction in gas demand ... storage will fall to less than 20 percent in February, assuming a high level of LNG supply ... and to almost 5 percent in case of low LNG supply," the IEA warned.
The French government will on Thursday present its so-called "energy sobriety plan" aimed at galvanising all sectors of economic and social life to work at reducing energy consumption by 10 percent.
Get a daily dose of Sierra Leone Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sierra Leone Times.
More InformationNEW YORK, New York - Economic data indicating jobs growth could be slowing saw equity markets regain some composure Wednesday ...
CANBERRA, Australia: Defense Minister Richard Marles told Nine Network television on September 29 that after a crash in July that ...
AMSTERDAM, The Netherlands: This week, Dutch competition regulator, the ACM, rejected an appeal by Apple against fines worth €50 million. ...
TOKYO, Japan: Tokyo-based startup Tsubame Industries has developed a four-wheeled robot that resembles the "Mobile Suit Gundam" from the popular ...
ISLAMABAD, Pakistan - According to The News, the federal government is considering selling its stake in the Reko Diq project ...
NEW YORK, NEW YORK - U.S. stocks tumbled on Tuesday as interest rates on 10 and 30-year Treasury yields approached ...
TRIPOLI, Libya: Italy and Libya resumed commercial flights for the first time in ten years on September 30, with flight ...
DUBAI, 4th October, 2023 (WAM) - In the presence of more than 1000 industry leaders and changemakers from across 30 ...
The Somali government on Wednesday said government troops have killed hundreds of militants during military operations in the last two ...
ABUJA, NIGERIA - Nigerian authorities are investigating the deaths of at least 15 people in the explosion of an illegally ...
Crude flows on average were roughly 3.3 million barrels a day for the past four weeks, tanker-tracking data showsRussian seaborne ...
(Photo credit: David Yeazell-USA TODAY Sports) The Sanderson Farms Championship is the second of seven events in the FedEx Cup ...