Core Viewpoint - France is shifting its energy sourcing strategy by reducing imports of pipeline gas from Algeria and increasing imports of liquefied natural gas (LNG) from the United States, driven by deteriorating relations with Algeria and a new tariff agreement between the EU and the US [1] Group 1: Company Actions - French energy giant EDF's subsidiary Edison will decrease its annual purchases of 1 billion cubic meters from Algeria and 4.4 billion cubic meters from Libya as contracts expire in the next two years [1] - Edison has signed a contract with Shell to purchase 700,000 tons of US LNG annually starting in 2028, with a contract duration of 15 years [1] Group 2: Market Dynamics - The diversification of energy supply and pricing considerations are key factors influencing EDF's decision to purchase US LNG [1] - The EU has committed to purchasing $750 billion worth of US energy products over three years in exchange for a reduction in tariffs on US imports from 30% to 15% [1] Group 3: Impact on Algeria - The reduction in gas purchases from Algeria will have significant implications for the country, which is a major gas supplier to the EU, connected via pipelines to Spain and Italy [1]
法国将更多进口美国液化天然气,减少从阿尔及利亚进口管道天然气
Shang Wu Bu Wang Zhan·2025-09-12 16:33