The recent arrival of France’s first floating regasification and storage unit (FSRU) at the port of  Le Havre comes as high gas stocks and a rebound in nuclear power output have limited the country’s need for natural gas. 

“Given the current healthy gas stock situation and improved nuclear availability in France, we would expect the country’s liquefied natural gas demand to be limited in the months ahead,” Kpler analyst Rhyana Rasidi told NGI. “However, the new FSRU could definitely support demand from November, when heating requirements typically rise.”

France also continues to play a key role as an entry point and transit country for natural gas for the rest of Europe as the continent continues working to replace Russian gas imports. 

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