Engie CEO Sees 70% Gas Stockfill Despite Ormuz Closure

Catherine MacGregor, CEO of Engie, predicts that France can still reach 70% of its gas storage levels before winter, even with a six-month closure of the Strait of Ormuz due to the ongoing conflict in the Middle East. She attributes this resilience to France's reliance on nuclear power and renewable energy sources, positioning the country as less vulnerable to rising gas prices compared to other European nations. This highlights France's energy strategy amid global instability.

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