Macron forced to make embarrassing U-turn as France scrambles to replace Russian energy
Macron slammed as leader to dip France into Ukraine war
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
The French President’s relationship with the North African country soured last year when Mr Macron made controversial comments relating to France and Algeria’s colonial past. Speaking at a dinner with descendants of veterans of the Algerian war of independence, the French leader said: “Was there an Algerian nation before French colonisation? That is the question.”
In October 2021, President Macron also announced a 50 percent reduction in visas granted to Algerians.
The move infuriated Algerian President Abdelmadjid Tebboune who recalled his ambassador from Paris and banned French military planes from Algeria’s airspace.
Now the two leaders will meet to “deepen bilateral relations, reinforce Franco-Algerian cooperation over regional conflicts and further historical reconciliation”.
It will be Mr Macron’s second official visit to the North African country which holds close business ties with Paris.
Thanks to its large natural gas reserves, Algeria recently has become a centre of attention for the European Union in its efforts to cut back imports from Russia.
In July, former Italian leader Mario Draghi also negotiated an increase in Algerian gas provisions.
Before Russia invaded Ukraine in late February, the EU imported about 40 percent of its natural gas from Russia.
With LNG deals with Qatar and the United States, the EU now only imports about 20 percent of Russian gas.
Speaking at a conference, EU Foreign Policy Chief Josep Borrell said: “We have already replaced half of Russian gas – half of Russian gas,” Mr Borrell reiterated.
“Get the unit of measure right; use the billion cubic metres (BCM) as a unit of measurement, but the American billion, not the Castillian billion.
“Well, keep in mind that Europe consumes 400 BCM per year – 400 billion cubic metres per year.
READ MORE: Putin warned after Russian ministry in Ukraine bombed
“40 percent of that consumption was imported from Russia.”
“Now, we are already at 20 percent. We have managed to halve gas imports from Russia.
“How?” Mr Borrell asked. “Well, bringing gas from Qatar and the US, and reducing consumption.
“The problem is what do we do with the other 20 percent?”
The EU has turned to liquefied natural gas (LNG) deals with Qatar and the US to cushion the blow of Putin’s gas blackmail.
In July, Russian-state gas giant Gazprom closed Nord Stream 1 gas flows for its yearly work maintenance.
DON’T MISS:
Ukraine LIVE: ‘Our task is finish Putin’ Exile vows dictator’s death [LIVE BLOG]
Brexit LIVE: Truss handed blueprint to solve illegal migration [ANALYSIS]
Verhofstadt calls for Britain to create ‘pro-European renaissance’ [INSIGHT]
European leaders feared the Kremlin would prolong the suspension of gas flows to the EU to force the bloc to lift the economic sanctions they imposed on Russia.
Though the pipeline did resume gas flows – to the relief of Europe, which feared an economic recession – Gazprom halved the amount of gas flowing through the pipeline to 20 percent of capacity.
Now, the EU is racing against the clock to fill up gas storage ahead of what could be a difficult winter. EU leaders are concerned Russia could cut its gas supplies through the Nord Stream 1 pipeline.
Thanks to LNG deals with Qatar and the United States, the EU has been able to almost reach its target of 80 percent of gas storage.
Source: Read Full Article