PARIS, Jan 28 (Reuters) – Engie’s gas supply and storage policy would enable it to guarantee supply to its customers in the coming weeks even in the event of major difficulties linked to the Ukrainian crisis, said said the group on Friday.
Escalating tensions between the West and Russia over Ukraine have raised concerns about Russian gas flows to Europe, prompting the European Commission and the United States to seek sources of information. supply alternatives.
Questioned by Reuters on the potential impact of this crisis, Engie underlines in a declaration that it has a portfolio of supply contracts “diversified, based in particular on long-term contracts and a share of liquefied natural gas arriving by ship. which offers flexibility.
“This allows us to guarantee the security of supply for our customers in the coming weeks”, adds the group, the leading natural gas supplier in France.
Engie also argues that it has carried out “a prudent policy and kept stocks fuller than the average in France”.
Stating that Russian supplies represent approximately 20% of all French consumption depending on the year, the group stresses however that, in the event of a major problem in terms of gas supply, “prices would obviously experience a sharp rise and a increased volatility”. (Report Benjamin Mallet; edited by Sophie Louet)
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