During his visit to Algeria, Emmanuel Macron denied that France had “gone to Canossa” to ask Algeria for gasoline. “France depends little on gas in its energy mix, around 20%, and in this group Algeria represents 8 to 9%, we are not in a dynamic where Algerian gas can change the situation.”
However, there have been discussions about Algerian gas, we learned this Sunday, confirming information from Europe 1. Algiers could increase its gas deliveries to France by 50%.
At the moment it would be an oral commitment, no agreement has yet been signed at the end of the visit by the President of the Republic, but exchanges should take place in the next few hours between Engie and the country’s authorities, again according to the radio.
Nothing signed yet
According to an executive source interviewed by BFMTV, “There are currently talks between Engie and the Algerian government to increase gas and LNG deliveries. These talks started in accordance with the June 2022 agreement and appear to be on track. certain”. decided, +50% would be a credible goal”. And emphasize that at the moment nothing has been signed.
If energy was not, in any case officially at the center of this state visit, Catherine MacGregor, the head of Engie was present and was able to meet with the Algerian Minister of Energy and Mines, as well as with the head of Sonatrach, the Algerian oil and gas giant.
Like Italy, which signed a new gas import deal with Algeria, France is doing its best to diversify its supply sources in anticipation of a complete halt to Russian deliveries.
Source: BFM TV
