French finance minister say Pyrenees pipeline not a precedence

French Minister for the Economic system and Funds Bruno Le Maire attends the MEDEF union summer time discussion board “La Rencontre des Entrepreneurs de France, LaREF” on the Paris Longchamp Racecourse in Paris, France, August 30, 2022. REUTERS/Sarah Meyssonnier/File Photograph

CERNOBBIO, Italy, Sept 3 (Reuters) – France ought to give attention to tackling the close to time period vitality problem posed by the approaching winter season, Finance Minister Bruno Le Maire mentioned on Saturday when requested a couple of doable new gasoline pipeline by way of the Pyrenees.

“The quick time period problem is to have extra gasoline, extra oil extra electrical energy coming from different nations than Russia,” he informed reporters at a press convention on the Ambrosetti enterprise discussion board in northern Italy.

“It is a query of months, weeks, days, I am unsure {that a} new pipeline might assist us to undergo the winter,” he added.

“Let’s give attention to the very quick time period challenges,” he mentioned, including public opinion might query an funding in fossil gasoline infrastructure as a result of it anticipated as a substitute an acceleration within the inexperienced vitality transition.

“Electrical energy and hydrogen appear to me to be extra promising than a brand new gasoline pipeline.”

Spain’s vitality minister this week criticised France’s reluctance to assist a undertaking to construct a 3rd gasoline connection between the 2 nations to cut back Europe’s reliance on Russian gasoline.

Reporting by Valentina Za
Modifying by Keith Weir

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