365bet体育在线世界杯

Russian gas cutoff could impact French economy: Finance minister

- Bruno Le Maire says he is determined to 'not add an economic crisis to the energy crisis'

French Finance and Economy Minister Bruno Le Maire warned Tuesday that a complete cutoff of Russian gas exports to France combined with a difficult winter could impact the country鈥檚 economy.

鈥淲e have to anticipate the possibility of a complete cutoff of Russian gas exports to France鈥e have to prepare a scenario in which we would have a particularly harsh winter,鈥� he said, speaking to the media in Paris on the sidelines of a meeting with French entrepreneurs, according to BFMTV news.

He added that these factors would determine the 鈥渞ationing of energy for businesses,鈥� but this would be the last resort, as he was determined to 鈥渘ot add an economic crisis to the energy crisis.鈥�

His statement followed French energy company Engie鈥檚 announcement earlier in the day that Russian energy company Gazprom will reduce gas deliveries due to a 鈥渄isagreement between the parties on the application of contracts."

Engie said it has already secured gas supplies for France and undertaken measures to significantly reduce impacts from the interruption of gas deliveries by Gazprom.

"Each of us must understand that it will be necessary to reduce our energy consumption at home, in transport, in businesses, in administrations, and in shops," said Le Maire.

To deal with the energy crisis, the government will hold a Defense Council meeting Friday to be chaired by President Emmanuel Macron to discuss the supply of gas and electricity to France.

By Shweta Desai

Anadolu Agency

energy@aa.com.tr