GRTgaz will meet the Gas Demand

GRTgaz announces, during a presentation on the gas outlook, that France is capable of meeting the demand for gas.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

GRTgaz announces, during a presentation on the gas outlook, that France is capable of meeting the demand for gas.

A context of tension

GRTgaz, announces that France is able to meet its gas demand. In the scenario of an average winter, the country seems ready, but the manager emphasizes the need for sobriety. Thus, the company believes that situations of tension may nevertheless develop during the winter.

As a result of the war in Ukraine, Russian gas flows to Europe are drying up, particularly affecting Germany. GRTgaz is therefore working to adapt its system to develop new export capacity from France to Germany. A will which, within the framework of European solidarity, should be operational by mid-October.

To meet demand, LNG imports are increasing. Thus, LNG terminals play a fundamental role in France’s ability to meet gas demand. France is using its terminals to their maximum capacity, with stocks currently standing at 94%.

Different scenarios for France

GRTgaz reassures us that France will be able to meet its gas demand under the various scenarios. In the reference scenario, that of an average winter, the outlook shows a system with no gas deficit. However, there is little room for maneuver, especially during peak consumption periods.

Conversely, the scenario of a very cold winter could lead to daily deficits. Thus, in this context, the winter deficit could reach 16 TWh. This represents 5% of the winter consumption.

France’s ability to meet gas demand depends mainly on the timing of cold peaks. Thus, low temperatures at the beginning of winter can generate a limited daily deficit of 65 GWh/d. On the other hand, in the event of cold spikes in the second half of winter, daily deficits would be greater according to GRTgaz.

An essential sobriety

GRTgaz issues recommendations to deal with possible shortfalls. It urges consumers to lower their consumption by 1°C in order to reduce consumption by about 7%. In addition, an information and awareness system, such as Ecowatt, will soon be launched.

In addition, a paid interruptibility device will be available to industrialists. Thus, the volunteers will be able to reduce their consumption during high tensions on the network. Finally, in order to protect individuals, a load shedding device will be used in case of extreme situations.

Kuwait's IMCC and Egypt's Maridive have formalised a joint venture based in Abu Dhabi to expand integrated offshore marine operations regionally and internationally.
In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.
Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.
NextNRG's monthly revenue reached $7.39mn in October, more than doubling year-over-year, driven by the expansion of its technology platforms and energy services across the United States.
The Canadian group posted record Q3 EBITDA, sanctioned $3bn worth of projects, and confirmed its full-year financial outlook despite a drop in net income.
OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.
Duke Energy is set to release its third-quarter results on November 7, with earnings forecasts pointing upward, supported by strong electricity demand, new rate structures and infrastructure investments.
Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.
The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.
The US group reported a $877mn operating loss for fiscal year 2025, impacted by $3.7bn in charges related to project exits and restructuring.
SLB has unveiled Tela, an agentic artificial intelligence technology designed to automate upstream processes and enhance operational efficiency at scale.
Gibson Energy reported record volumes in Canada and the United States, supported by the commissioning of key infrastructure and a cost reduction strategy.
Norwegian provider TGS will mobilise its marine seismic resources for at least 18 months for Chevron under a three-year capacity agreement covering exploration and development projects.
Eversource Energy rebounded in the third quarter with a net profit of $367.5mn, driven by revenue increases in electric distribution and a sharp reduction in offshore wind-related losses.
Ameresco posted a 5% increase in quarterly revenue, supported by stronger project execution and sustained demand for energy infrastructure solutions.
US-based Primoris posted record quarterly revenue of $2.18bn, driven by strong momentum in its Energy and Utilities segments, and raised its earnings guidance for the full year 2025.
Energy group Constellation proposes a massive investment in electricity generation and storage, with a planned capacity of 5,800 megawatts to meet rising energy demand in Maryland.
Danish firm Aegir Insights extends its Aegir Quant™ platform to onshore wind, solar, storage and hybrid assets, strengthening its investment intelligence offering for developers and investors.
TotalEnergies has released its Energy Outlook 2025 report, outlining three scenarios for the global energy system’s evolution and the economic implications of consumption and production trends through 2050.
Shell launches a bond exchange offer on six USD-denominated series to restructure $8.4bn in debt through its newly formed entity Shell Finance US.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.