Connect with us

Hi, what are you looking for?


France’s Le Maire: Total Russian gas cutoff is ‘most likely’ scenario

AIX-EN-PROVENCE, France — French Economy and Finance Minister Bruno Le Maire today warned there is a strong chance that Moscow will totally halt gas supplies to Europe.

“Let’s prepare for a total cut-off of Russian gas; Today that is the most likely option,” Le Maire told the Rencontres Economiques, an economy-focused event in the southern city of Aix-en-Provence.

The minister said the French government was working to identify companies that should get priority protection in case of supply disruption.

“You also have to prepare load-shedding plans, we are doing it,” he told reporters later. “It means looking in a very specific way at each company, each employment area; Which are the companies that should reduce their energy consumption and which are the ones that cannot.”

Le Maire mentioned Saint-Gobain, a major construction materials producer, as an example of companies that should not be deprived of gas supply, even in case of emergency. He pointed to possible damage to production equipment and the risk of environmental consequences.

“We have to anticipate and to put ourselves in order of battle as of now,” he said.

The French government has proposed a series of measures to manage possible disruption of gas supplies, including giving itself the power to requisition gas-fired power plants as part of a broader legislative proposal on “purchasing power.” The bill will be debated in France’s National Assembly next week.

This article is part of POLITICO Pro

The one-stop-shop solution for policy professionals fusing the depth of POLITICO journalism with the power of technology

Exclusive, breaking scoops and insights

Customized policy intelligence platform

A high-level public affairs network

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like


A shortage of parts fueled by wide-ranging sanctions has Moscow looking at how to recycle its existing fleet to keep airplanes flying, reported Izvestia...


Germany will fall short of its pledge to spend 2 percent of its GDP on its military, a leading economic think tank warned on...


Press play to listen to this article LONDON — If the opinion polls are right, this is Liz Truss’ world now — and we’ll...


Uriel Epshtein is executive director of the Renew Democracy Initiative. He tweets at @UrielEpshtein.  As the war in Ukraine rages on, Russia continues to...


A ship chartered by the United Nations to transport Ukrainian wheat to countries at risk of famine set sail for East Africa on Sunday....


Press play to listen to this article The EU may be forced to water down its ambitions for corporate transparency on climate change to...


The European Union is on track for a record wildfire season, the bloc’s fire monitoring service warned. Successive heat waves — part of a warming...


Poland said laboratory tests to investigate a massive fish die-off in the Oder River showed high salt levels but no mercury poisoning its waters....