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Free AccessFrench Refining Capacity Under Strain
The French refining sector faces further pressure this week as more strikes are set to begin. Workers at TotalEnergies' three French refineries will start a three-day strike over pay from tomorrow, according to the CGT union.
- The company operates the 109,300 b/d Feyzin refinery, the 219,000 Donges plant and the 246,900 b/d Gonfreville refinery at Le Havre.
- Feyzin is currently shut after a fire earlier this month, while an LPG production unit at Gonfreville has also been halted because of a fire.
- The strike by TotalEnergies workers coincides with ongoing industrial action by members of the CGT and Force Ouvriere (FO) union at ExxonMobil's French sites.
- The impact of the strikes and closures may lead to an increase in oil product imports into France.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.