French finance minister say Pyrenees pipeline not a priority

French Minister for the Economic system and Funds Bruno Le Maire attends the MEDEF union summer season 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 concentrate on 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 few attainable new fuel pipeline through the Pyrenees.

“The quick time period problem is to have extra fuel, 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.

“This can be a query of months, weeks, days, I am undecided {that a} new pipeline may assist us to undergo the winter,” he added.

“Let’s concentrate on the very quick time period challenges,” he mentioned, including public opinion may 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 fuel pipeline.”

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

Reporting by Valentina Za
Enhancing by Keith Weir

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