September 6, 2022
2 mins read

France, Germany to help each other through energy crisis

The French president said that he was in favour of solidarity measures at the European level to deal with the current energy crisis…reports Asian Lite News

French President Emmanuel Macron has announced that France and Germany will help each other through the energy crisis.

Speaking at a press briefing after a videoconference with German Chancellor Olaf Scholz, Macron on Monday said that France is ready to deliver more gas to Germany while the latter will offer more electricity to France, if the current energy crisis persists in winter.

“We are going to finalise the gas connections in order to be able to deliver gas to Germany… It (Germany) will be ready to produce more electricity to bring to us in extreme situations,” Macron said.

The French president said that he was in favour of solidarity measures at the European level to deal with the current energy crisis.

“We are in favor of common gas purchasing practices that will make it possible to buy cheaper,” he explained.

However, he said there was “no need” for a gas pipeline linking France and Spain.

Concerning the high energy prices in Europe, Macron proposed to set up control mechanisms for speculative operations at the European level.

Days ahead of a European Union (EU) energy ministers’ meeting, Macron said that he supports a price cap on gas purchased from Russia at the EU level.

Macron assured his countrymen that France is not in a situation for energy rationing, but called on people to limit heating to 19 degrees Celsius to save energy.

“If we collectively know how to behave more soberly and save energy everywhere, then there will be no rationing or cuts,” he stressed.

On Friday, Macron chaired a Defense Council meeting on the energy crisis. French Minister for Energy Transition Agnes Pannier-Runacher said after the meeting that France’s gas reserves were 92 per cent full in preparation for possible shortages this winter.

According to the minister, 32 of the country’s fleet of 56 nuclear reactors are currently offline for routine maintenance, but French multinational electric utility company EDF has committed to restarting all of them for this winter.

ALSO READ-UAE, France discuss future of cultural ties

Previous Story

Key differences between cold and flu

Next Story

Truss earmarks £130 bn for energy  

Latest from -Top News

Kenyans put president on notice

Kenya’s fifth president became a remarkably unpopular leader barely two years into his presidency after proposing aggressive tax measures that many saw as a betrayal of his campaign promise to support working-class

World Bank grants South Africa a $1.5 bn loan

Deteriorating rail systems, jammed ports and frequent blackouts have hindered vital industries like mining and auto manufacturing in South Africa, contributing to slow economic growth over the last decade in Africa’s most

Judge halts Trump from dismantling USADF

Congress established USADF as an independent agency in 1980, with the mandate to support economic development initiatives in AfricaXXX In a significant legal development, a federal judge in Washington, DC, has temporarily

BRICS Bank Welcomes Colombia, Uzbekistan

The bank’s Board of Governors approved the accession of the two countries, bringing the total membership to 11….reports Asian Lite News Colombia and Uzbekistan have joined the New Development Bank (NDB), expanding
Go toTop

Don't Miss

Germany pushes to boost ties amid delay in EU FTA

Some EU members are getting anxious over the prolonged FTA

France Promises Aid in Solving Egypt’s Debt Crisis

Colonna said France will work on finding better solutions to