Monday, February 7, 2022

France Braces For Blackouts As Natural Gas Stockpiles Dwindle To Levels Not Seen For Years

OilPrice.com: France Braces For Blackouts As Gas Stockpiles Dwindle 

* Europe’s energy crisis has led to a shortage of natural gas supplies, and France could pay the price. 

* French natural gas pipeline operator GRTgaz warned that gas stockpiles are much lower at this point in the year than they have been during years past. 

* France's energy problems have been exacerbated by the lower-than-usual capacity at the country's nuclear power plants. 

The Brits aren't the only European nation to find itself on the verge of a full-blown energy crisis. 

On Thursday, French natural gas pipeline operator GRTgaz warned that French gas stockpiles are much lower at this point in the year than they have been during years past - and as a result, they run the risk of potentially being depleted before the winter is up, a disaster that could make last year's deep freeze in Texas look tame if a sudden cold snap sends demand soaring.  

Read more ....  

WNU editor: France is not the only European country experiencing these shortages. And you can take this to the bank. The Kremlin is watching all of this very closely.

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