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Free AccessFuel Shortage Fears In France Increase
Fears of fuel shortages in France increase as industrial action at Exxon Mobil’s and TotalEnergies’ refineries in France continue according to Bloomberg.
- A total of 10% of all fuel stations in France are currently missing one type of fuel.
- Industrial action at French refineries could reduce refinery runs by up to 500kbpd this month if Ineos’ Lavera site will also go under strike action. Excluding Lavera, runs could be reduced by 400kbpd according to Energy Aspects.
- Total has been halting operations at its oil refinery in Normandy because of strike actions while runs at the Feyzin site have been reduced and shipments remain blocked.
- Exxon Mobil’s Gravenchon and Fos sites are likely to be still under strike action. On Monday, Exxon reduced throughout at Gravenchon due to a lack of crude supply from the port of Le Havre, while deliveries at Fos are still disrupted by protests.
To read the full story
Sign up now for free trial access to this content.
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.