Europe inevitably affected

In the Middle Ages, there will be no gas shortage in France, first and foremost, because we have strategic stocks, which is enough for 90 days. This was promised by Environmental Transformation Minister Barbara Pompili in the National Assembly on Wednesday. Secondly, we have three entry points on our coast to import liquefied petroleum gas from our main supplier, Norway – even from Algeria or the United States.

But at the European level we have to worry. This is because Russian gas represents only 17% of our imports from France, while in Germany it is 50% and even 60%. There are no alternatives, as energy expert Pierre Tersian explains. “The amount of gas that Russia exports to Ukraine is huge. We are talking about 150 to 160 billion cubic meters per year, so it will take years and decades for other countries to develop reserves and bring them to Europe,” he said. Said.

So expect an increase in prices. Experts are of course unanimous: it is inevitable. Prices are already starting to soar. In France, some consumers are protected by government-established pricing. But businesses can bear the full brunt of this increase. This will quickly affect their competitiveness.