popular articles

Berlin and Paris seal their rapprochement with an energy agreement

Olaf Scholz and Elisabeth Borne have sealed the warming of Franco-German relations, after weeks of dissonance.

Please share:

Olaf Scholz and Elisabeth Borne have sealed the warming of Franco-German relations, after weeks of dissonance, with an energy agreement supposed to “guarantee” their supply.

“The more difficult the times, the more important is the cooperation between Germany and France,” said the German Chancellor at a joint press conference with the French Prime Minister.

Ms. Borne, on her first visit to Berlin as head of government, advocated a “unity that must be maintained” in the face of the multiple crises facing the Franco-German couple.

These statements came at the end of an intense ministerial ballet on both sides of the Rhine in recent weeks, after tensions that led to the postponement of the Franco-German Council of Ministers in October.

Adversity

The warming was made concrete by the signature before the objectives by the two leaders of an energy “solidarity agreement” between Paris and Berlin.

In concrete terms, the agreement provides for France to help Germany through gas deliveries.

The latter in exchange will support its neighbor to “secure its electricity supply”, according to the joint statement.

The agreement on electricity “secures” France in December and January, said a French government source.

“Friends support each other in adversity,” summarized Mr. Scholz, while Ms. Borne hailed a text “important that will have concrete consequences and will protect the citizens of both countries.”

France has already been delivering gas to Germany since mid-October, which in turn could bring forward the increase in its electricity exchange capacity to November (instead of January), allowing France to receive more gas.

Due to the shutdown of many nuclear reactors, this is the first time in 42 years that France is a net importer of electricity.

For Germany, too, this is a historic turning point, as the country used to import its gas from Russia.

However, the two countries remain divided on the idea of capping gas prices. And Germany’s 200 billion euro aid plan for individuals and companies to cope with soaring prices has raised fears among its neighbors of a distortion of competition.

Paris and Berlin have also sought to display a common front against Moscow.

The two countries “will support Ukraine until the end” of the conflict, Borne also repeated, on behalf of the two countries regularly criticized for the supposed timidity of their support to Kiev.

The Prime Minister also met with Robert Habeck, the Green Vice-Chancellor in charge of the Economy and Climate, who had already been received in Paris on Tuesday in a rather unprecedented manner by the French President, who also met with the German Foreign Minister Annalena Baerbock.

“We did well to postpone the Franco-German Council of Ministers in order to have consistent elements in January,” summarized a French diplomatic source.

This Council of Ministers should finally be held around January 22, which will mark the 60th anniversary of the Elysée agreement between the two countries.

“The beginning of the school year was difficult for everyone. There has been a little tension that motivates everyone, and like that we move more,” added the same source.

“Together, we are stronger” to “face the climate transition and ensure that between China and the United States, there is a third power called Europe,” said Thursday the French Minister of Economy Bruno Le Maire, receiving the German Finance Minister Christian Lindner.

Exit from the dead end

Paris and Berlin have also shown a desire to “accelerate” European industrial projects in the face of the massive investment plan of the United States (Inflation Reduction Act, IRA), likely to distort competition and on which Ms. Borne and Mr. Scholz want a common European response.

However, these tensions have brought some projects out of the deadlock, such as the political agreement reached between manufacturers Dassault and Airbus on the European combat aircraft (SCAF) project, even though no contracts were scheduled to be signed. Mr. Scholz said he was “confident” that the project would become a reality.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Amid uncertainty over Russian gas deliveries to Transnistria, Romania commits to ensuring Moldova's energy security this winter, with emergency measures for electricity and gas supplies.
The Norwegian industry anticipates a 4% increase in offshore investments in 2025, reaching NOK 275 billion, with enhanced exploration to slow the natural production decline.
The Norwegian industry anticipates a 4% increase in offshore investments in 2025, reaching NOK 275 billion, with enhanced exploration to slow the natural production decline.
The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.
The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.
The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
The decline of the won against the dollar exposes South Korean refiners to significant losses on crude import costs, while the political crisis surrounding martial law undermines investor confidence.
London and Oslo announce a future industrial partnership focused on renewable energy and carbon capture, aiming to secure their energy and economic interests.
London and Oslo announce a future industrial partnership focused on renewable energy and carbon capture, aiming to secure their energy and economic interests.
Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens
Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens
A joint investment between Canada and the United States aims to develop Yukon’s infrastructure and accelerate the exploitation of critical minerals essential for North American security and clean energy.
A joint investment between Canada and the United States aims to develop Yukon’s infrastructure and accelerate the exploitation of critical minerals essential for North American security and clean energy.
Serbian President Aleksandar Vucic warns of imminent US sanctions against NIS, majority-owned by Gazprom Neft and Gazprom. A decision that could escalate geopolitical tensions in Europe.
Faced with Donald Trump’s proposed tariffs, Ontario’s Premier considers suspending electricity exports to several U.S. states, jeopardizing the supply of 12 billion kWh annually.
Faced with Donald Trump’s proposed tariffs, Ontario’s Premier considers suspending electricity exports to several U.S. states, jeopardizing the supply of 12 billion kWh annually.
During a visit to Abuja, German President Frank-Walter Steinmeier and his Nigerian counterpart Bola Ahmed Tinubu discussed their energy partnership, focusing on renewable energy and hydrogen.
During a visit to Abuja, German President Frank-Walter Steinmeier and his Nigerian counterpart Bola Ahmed Tinubu discussed their energy partnership, focusing on renewable energy and hydrogen.
The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.
The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.
Ecuador is experiencing a marked increase in diesel and gasoline imports due to ongoing challenges in its refineries, exacerbated by extended maintenance periods.
The overthrow of the Syrian regime disrupts Iranian oil deliveries, crucial for local energy supply. The cessation of this source highlights the growing energy challenges in the region.
The overthrow of the Syrian regime disrupts Iranian oil deliveries, crucial for local energy supply. The cessation of this source highlights the growing energy challenges in the region.
Global demand for liquefied natural gas (LNG) is rising rapidly. Europe must strengthen its competitiveness to secure supply amidst growing competition from Asian and American markets.
Global demand for liquefied natural gas (LNG) is rising rapidly. Europe must strengthen its competitiveness to secure supply amidst growing competition from Asian and American markets.
The U.S. government plans a new oil lease sale in the Arctic National Wildlife Refuge, a Congress-mandated initiative sharply criticized for its environmental impacts.
The U.S. government plans a new oil lease sale in the Arctic National Wildlife Refuge, a Congress-mandated initiative sharply criticized for its environmental impacts.
The collapse of Bashar al-Assad's regime has prompted reactions in oil markets, with a moderate rise in prices. The geopolitical implications for the region and their effects on energy supplies remain uncertain.
Faced with weakened demand, Saudi Aramco lowers its official selling prices for Arab Light crude destined for Asia, reaching levels not seen since January 2021. A decision influenced by global dynamics and uncertain market prospects.
Faced with weakened demand, Saudi Aramco lowers its official selling prices for Arab Light crude destined for Asia, reaching levels not seen since January 2021. A decision influenced by global dynamics and uncertain market prospects.
Russian Gas: Putin Expands Payment Options Amid US Sanctions
Russian Gas: Putin Expands Payment Options Amid US Sanctions
The U.S. administration urges international partners to unite against Iran-backed Houthis responsible for massive attacks on ships in the strategic Red Sea region. Military, economic, and diplomatic stakes are intensifying.
The U.S. administration urges international partners to unite against Iran-backed Houthis responsible for massive attacks on ships in the strategic Red Sea region. Military, economic, and diplomatic stakes are intensifying.
OPEC+ adopts online meetings, centralizing the decision-making process. This transition raises questions about transparency and tensions among producers facing increasing pressure in the oil market.
Orano loses control of its subsidiary in Niger: 1,150 tons of uranium blocked
Orano loses control of its subsidiary in Niger: 1,150 tons of uranium blocked
Several agreements have been concluded between French and Saudi companies in renewable energy, waste management, and technological innovations, consolidating diplomatic and economic relations between the two nations.
Several agreements have been concluded between French and Saudi companies in renewable energy, waste management, and technological innovations, consolidating diplomatic and economic relations between the two nations.
Qatar will invest one billion pounds in climate technologies in the United Kingdom, an agreement hailed by Prime Minister Keir Starmer as a "significant step forward" during the official visit of Emir Al-Thani.
Qatar will invest one billion pounds in climate technologies in the United Kingdom, an agreement hailed by Prime Minister Keir Starmer as a "significant step forward" during the official visit of Emir Al-Thani.

Advertising