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GRTgaz revises force majeure at three natural gas links in northeast France

London (Platts)--13 Oct 2017 830 am EDT/1230 GMT


French natural gas transmission operator GRTgaz on Friday revised its force majeure declarations for three interconnection points with Belgium and Germany as a result of strike action by unions CGT and FO.


  • Force majeure still affective Friday, duration unknown
  • Taisnieres H, Taisnieres B, Obergailbach affected
  • Technical effective capacity falls further

The affected interconnection points remained Taisnieres H, Taisnieres B and Obergailbach, and "maximum flows can't be guaranteed," GRTgaz said.

The force majeure was effective Thursday 1600 local time (1400 GMT).

The total capacity remaining for the three links is 49.43 million cu m/d Friday, compared with a usual capacity of 151.06 million cu m/d, according to GRTgaz data.

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The revamped Taisnieres H technical effective capacity is expected to be 19.51 million cu m/d Friday, compared with 62.09 million cu m/d usually.

Taisnieres B capacity's is expected to fall further to 6.69 million cu m/d Friday, down from 25.95 million cu m/d, and Obergailbach's capacity is being reduced to 23.23 million cu m/d Thursday from 63.02 million cu m/d normally.

"The French within-day spot remains high today since the transmission network is very short and flows are still not balanced," a trader said, adding that "the day ahead was slightly higher this morning compared with yesterday's close, now everything is falling."

The duration of the strike remained uncertain and the capacity reductions may be adjusted further, the transmission system operator said Friday.

--Antoine Simon, antoine.simon@spglobal.com
--Edited by James Leech, james.leech@spglobal.com




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