France is looking into building a pipeline from the Iberian peninsula to the south of the country in a bid to open up new energy sources in the absence of natural gas from Russia.
"Spain and Germany are two close partners of France; if they make a proposal, we will examine it," dpa news agency quoted Economy Minister Bruno Le Maire as saying here on Tuesday.
So far, France, which relies heavily on nuclear power, has been cautious about reviving the Midcat natural gas pipeline, which was shut down in 2017 as it was unprofitable.
The Midcat pipeline is to run from Barcelona across the Pyrenees to a connecting point with the French grid in Barbairan in southern France.
In Spain, the pipeline is complete as far as Hostalric, 106 km south of the border; in France, around 120 km are missing.
German Chancellor Olaf Scholz, like the Spanish government, had already campaigned for the construction of the pipeline to open up new energy sources in view of the war in Ukraine and a possible end to Russian gas supplies.
Spain sees this as a project of European importance, which it says must also be financed by the EU.
The natural gas that is to flow north through the pipe could be obtained from different sources in Spain and Portugal, since both countries together have a total of seven LNG terminals.
There are also two pipelines to the gas supplier Algeria in North Africa.
Later, as part of the energy transition, so-called green hydrogen, which is generated with the help of wind or sun, could also be passed through.
So far there are only two smaller gas pipelines from Spain across the Pyrenees to the north with limited capacity.
--IANS
ksk/
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app