Energy in France

  • US LNG exports make European market more competitive

    ALBANIA, 2017/08/27 The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend. “Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
  • Vincent de Rivaz, chief executive officer of EDF

    CHINA, 2016/09/04 China does not pose a security threat and the planned UK nuclear power plant project at Hinkley Point, in which China has a 33 % stake, should go ahead as any minute at this time as possible, Vincent de Rivaz, chief executive officer of EDF said. National-controlled EDF is the major contractor for the planned reactor in the southwest county of Somerset, with China's CGN providing an estimated 6 billion pounds of the 18 billion pound project. Writing in today's Sunday Telegraph Rivaz said: "We know and trust our Chinese partners. The control systems at Hinkley Point C will be isolated from major systems and the Internet."
  • A delegation of additional than 100 French companies arrived in Tehran

    IRAN, 2014/02/07 French gas firm Gaz de France, has announced its readiness to work with Iran, the Tasnim News agency reported The company made the announcement during the visit of a French business delegation to Iran on Tuesday. The cooperation will be apart from that of Total and Technip in this field. A delegation of additional than 100 French companies arrived in Tehran on Monday in the biggest demonstration of western business interest in Iran for additional than a decade, Financial Times reported.
  • Britain’s BP, Azerbaijan’s national energy company SOCAR

    ARMENIA, 2013/08/04 Britain’s BP, Azerbaijan’s national energy company SOCAR and French multinational Total have taken shares in the Trans Adriatic Pipeline, TAP, a project to pump natural gas from the huge Azerbaijan fields in the Caspian Sea to European markets. BP, SOCAR and Total, members of the consortium developing the Shah Deniz gas field in the Caspian Sea off Azerbaijan, have joined the construction of the new Trans Adriatic Pipeline.   “British Petroleum and SOCAR have each taken a 20 % share while Total has acquired 10 %,” TAP said in a statement on Tuesday.