The gas interconnector between France and Spain remains a project of common European interest eligible for EU funding, the European Commission has said, despite a decision by French and Spanish regulators who rejected a key section of the planned pipeline.
The energy regulators of Spain and France have rejected an investment request to build the central section of the planned Midi-Catalonia (MidCat) gas pipeline linking the two countries, in a move that could spell the end of the entire project, green activists said.
France's Emmanuel Macron makes his first visit as president to Spain and Portugal, starting Thursday, in his push to overhaul the EU, with the two southern allies seeking French help to connect their energy grids to Europe.
A report prepared for the European Commission has questioned the economic viability of plans to build a gas pipeline connecting Spain and France, designed in part to help reduce Europe’s reliance on Russian piped gas, five sources told Reuters.
Spain's sophisticated gas infrastructure could help Europe reduce its dependence on Russian supplies once projects to pump gas across the Pyrenees become a reality, the head of a Spanish gas association said yesterday (27 March).