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Oil: does France have "many months" of stock to deal with possible shortages?

2022-05-12T04:30:50.830Z


THE VERIFICATION - "We have reserves, stocks of oil," assured the Minister of Ecological Transition. Is right ?


THE QUESTION.

In the event of a cut in Russian oil deliveries, is France ready?

Asked about this subject last Thursday, the Minister for the Ecological Transition wanted to be reassuring.

"

Today, we have no supply problem in France

," said Barbara Pompili, at the microphone of France Info.

The government is looking for "

other suppliers

" to replace the millions of Russian barrels, but it may also be able to count, in an emergency, on the large quantities of black gold set aside.

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"

"

We have reserves, stocks of oil, so I say to our fellow citizens: no need to rush to the gas stations, there is what it takes

," said Barbara Pompili.

If the European Union carries out its project of embargo on Russian oil and petroleum products, announced by the boss of the Commission in front of MEPs, “

we are quiet for many months

”, assured the minister.

There may be a few small questions on diesel […], but today you can rest easy, you have gasoline

,” she concluded.

So what about it?

Can France really rely on significant “

reserves

” to deal with a supply crisis in oil and petroleum products?

Would they last for several months?

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Source: lefigaro

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