MidCat gas pipeline: Macron meets Spanish and Portuguese Prime Ministers in Brussels

French President Emmanuel Macron met today in Brussels with Spanish Prime Minister Pedro Sanchez and Portuguese Prime Minister Antonio Costa to discuss energy interconnections, before a European summit, the Elysée said Wednesday.

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

Paris remains opposed to the Spanish project of a new gas pipeline (MidCat) between France and Spain but is ready to discuss electricity interconnections and a “hydrogen strategy”, explained the Elysee before the summit.

On the MidCat, “our position has not changed, this project does not have economic and environmental viability,” the French presidency has hammered.

“On the other hand, we want to take into account the need to open up the Iberian Peninsula and find medium and long-term solutions with our partners,” she said. “We must be pragmatic and strategic, addressing beyond the MidCat issue the questions of electrical interconnection and perhaps longer term issues, among others a European hydrogen strategy,” stressed an adviser to the President.

“This debate is not intended to respond to the issues of very short term and security of supply for this winter or next,” said the Elysee, while the war in Ukraine has serious consequences on the price of hydrocarbons and could lead to shortages, the EU is determined to reduce its dependence on Russian gas and oil.

“The outlook around Midcat was five to six years. Now we are talking about projections for 2030,” says the Elysée. Supported by Madrid but also by Berlin, which sees it as a way to reduce the EU’s dependence on Russian gas, MidCat (short for Midi-Catalogna) would allow Spain, which has 30% of Europe’s liquefied natural gas (LNG) regasification capacity, to export gas by ship from the United States or Qatar to the rest of Europe. This project – which was abandoned in 2019 because of its environmental impact and its economic interest, which was considered limited at the time – could in the longer term allow the transport of “green hydrogen”, the energy of the future produced by renewable energies, of which Spain wants to be one of the champions.

President Macron believes that the need for such an infrastructure is “not obvious”, noting that the peninsula currently uses mainly the pipelines linking it to France to “import” gas.

Global South Utilities is investing $1 billion in new solar, wind and storage projects to strengthen Yemen's energy capacity and expand its regional influence.
British International Investment and FirstRand partner to finance the decarbonisation of African companies through a facility focused on supporting high-emission sectors.
Budapest moves to secure Serbian oil supply, threatened by Croatia’s suspension of crude flows following US sanctions on the Russian-controlled NIS refinery.
Moscow says it wants to increase oil and liquefied natural gas exports to Beijing, while consolidating bilateral cooperation amid US sanctions targeting Russian producers.
The European Investment Bank is mobilising €2bn in financing backed by the European Commission for energy projects in Africa, with a strategic objective rooted in the European Union’s energy diplomacy.
Russia faces a structural decline in energy revenues as strengthened sanctions against Rosneft and Lukoil disrupt trade flows and deepen the federal budget deficit.
Washington imposes new sanctions targeting vessels, shipowners and intermediaries in Asia, increasing the regulatory risk of Iranian oil trade and redefining maritime compliance in the region.
OFAC’s licence for Paks II circumvents sanctions on Rosatom in exchange for US technological involvement, reshaping the balance of interests between Moscow, Budapest and Washington.
Finland, Estonia, Hungary and Czechia are multiplying bilateral initiatives in Africa to capture strategic energy and mining projects under the European Global Gateway programme.
The Brazilian president calls for a voluntary and non-binding energy transition during COP30 in Belém, avoiding direct confrontation with oil-producing countries.
The region attracted only a small share of global capital allocated to renewables in 2024, despite high energy needs and ambitious development goals, according to a report published in November.
The United States approves South Korea’s development of civilian uranium enrichment capabilities and supports a nuclear-powered submarine project, expanding a strategic partnership already linked to a major trade agreement.
The EU member states agree to prioritise a loan mechanism backed by immobilised Russian assets to finance aid to Ukraine, reducing national budgetary impact while ensuring enhanced funding capacity.
The Canadian government commits $56 billion to a new wave of infrastructure projects aimed at expanding energy corridors, accelerating critical mineral extraction and reinforcing strategic capacity.
Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
COP30 begins in Belém under uncertainty, as countries fail to agree on key discussion topics, highlighting deep divisions over climate finance and the global energy transition.
The United States secures a tungsten joint venture in Kazakhstan and mining protocols in Uzbekistan, with financing envisaged from the Export-Import Bank of the United States and shipment routed via the Trans-Caspian corridor.
The United States grants Hungary a one-year waiver on sanctions targeting Russian oil, in return for a commitment to purchase US liquefied natural gas worth $600mn.
Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.
Donald Trump announces an immediate reduction in tariffs on Chinese fentanyl-related imports from 20% to 10%, potentially impacting energy flows between Washington and Beijing.

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.