Gas Europe builds decidedly small not. At the end of a consultation of the European gas, Midi-Catalonia interconnection project (MidCat) found no payee. Proposed by the French and Spanish regulators and supported by Brussels, this huge program of 1 to 1.3 billion euros was to allow linking Catalonia to the South of the France, passing through the East of the Pyrenees. It also incorporated a strengthening of the gas artery of the Rhône by the subsidiary of GDF Suez gas TSOS. This work represented half of the costs of the project.
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MidCat construction would have to carry a volume of San Francisco 49ers 7.3 billion cubic metres of gas per year between the Spain and the France, or a little less than 15 of French consumption.
During the consultation conducted in the spring, the European gas simply validate Brad Paisley tickets the construction of Brad Paisley a capacity of 2 billion cubic metres per year at Biriatou, near Biarritz. This small project will have a cost of EUR 110 million on the side of French for the operator of network TIGF, a subsidiary of Total. On the Scotty McCreery side of Spanish, the amount is barely EUR 35 million.
"The objective San Francisco 49ers tickets of this consultation was to reinforce the interconnections between the France and the Spain and allow a flow between the North and the South, but especially between South and North and creating a European gas network," explains the President of the Commission for energy regulation, Philippe de Ladoucette. The result is far below the expectations of regulators. "It is a three-year process that giving birth to a mouse and a serious failure for the European Union," judge an alternative provider. In total, taking into account project de Larrau, near Lacq, from a previous consultation, the interconnections between the France and the Spain will reach a Scotty McCreery tickets total capacity of 7.5 billion cubic metres by 2015 against a proposed volume of 14.8 billion cubic metres.
Why such a failure The next implementation of the pipeline MedGaz between the Algeria Scotty McCreery ticket and the Spain should provide volumes of gas in the Iberian Peninsula, even though it is already beyond gas. Last year, demand had fallen by 11, according to the industrial sector. In this context, many expected that the Spanish gas validate projects of interconnects to escalate the gas to the North of Brad Paisley ticket Europe.
"The market cannot be all".
For some, the cost of the project and the lack of support from Brussels partly explain this San Francisco 49ers ticket failure. "Consultation should be relaunched within one or two years with more substantial financial support from Brussels," believes the Director of Gas Natural Europe, Luis Bertran. The Spanish economic crisis and the need to engage on reservations of capacity for ten years may also have frightened the tickets for San Francisco 49ers Spanish players.
The finding is the same in France. "Alternative providers have not sufficiently precise vision on future rates implemented by TIGF and TSO tickets for Scotty McCreery gas, tickets for Brad Paisley or merger or areas, to engage on these long-term capacities", explains Bruno Millot, Director, supply and delivery at Altergaz.
In this context, Brussels is likely to submit his work on the trade. "Market consultations are an interesting mechanism, but it sometimes reaches its limits when it comes to meet needs of security of supply." "Europe must have a reflection in this sense because the market is not everything, especially when it's very heavy investment," said Philippe de Ladoucette.