AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 No Change 0 (0%)
BR30 31,170 No Change 0 (0%)
KSE100 94,764 No Change 0 (0%)
KSE30 29,410 No Change 0 (0%)

PARIS: French President Emmanuel Macron said on Monday that his country was ready to deliver gas to Germany this coming winter should the energy crisis make such a move necessary.

This would allow Germany to produce more electricity which, in turn, would allow Germany to contribute electricity to the French power grid during peak hours, he told reporters after a video call with German Chancellor Olaf Scholz.

“We are going to complete the gas connections that will allow us to deliver gas to Germany,” Macron said.

Both Germany and France are scrambling to replenish gas reserves after Russia curtailed deliveries in retaliation for western support for Ukraine in its war with Russia.

Germany is more dependent on Russian gas than France, which generates most of its electricity in nuclear power stations.

The French government has repeatedly warned that companies and retail users needed to cut down on their energy use next winter, with electricity outages a possibility if the winter is unusually cold.

Iran says hopes for sanction relief to export gas to Europe

On Monday, Macron said “the answer is up to us” and French people needed to cut their energy consumption by, for example, by using air conditioning and heating a “bit less than usual” to avoid power outages.

Indoor temperatures in the winter should be kept to no more than 19 Celsius (66 Fahrenheit), he said.

Macron also said he was in favour of joint gas purchases by EU governments which he said would make them cheaper.

France, he added, would meanwhile back any move by the European Commission to set a price limit on gas bought from Russia and delivered by pipeline.

Comments

Comments are closed.