Russian gas company Gazprom will reduce its supply of gas to France, effective today, French industrial energy group Engie announced in a statement on Tuesday morning.
The decrease in supply is “due to a disagreement between the parties on the application of contracts,” according to Engie.
“This reduction is the logical continuation of the actions of Gazprom for several months, which does not respect its contracts, and which reduces its supplies to most of its customers,” a source inside the cabinet of the French energy ministry told CNN. "This new reduction announced by Gazprom does not compromise our security of supply.”
Engie also said these actions won't affect supply.
The company had “already secured the necessary volumes to ensure the supply of its customers and of its own needs” and it has implemented a series of “measures to significantly reduce the direct financial and physical impacts that could result from an interruption of gas deliveries by Gazprom," it said.