France is considering releasing more strategic fuel reserves
The French Minister of Transport announced that his government may release additional quantities of strategic fuel reserves to mitigate the veto caused by a strike at two oil refineries, which caused a fuel crisis in some French provinces.
And Minister Clement Bonn said in an interview with TV network "LCI" today that he will allow fuel trucks to deliver shipments on Sundays, in an attempt to ease the shortage in the markets.
In response to a question about the possibility of releasing more strategic fuel stocks, Boone said: "Yes, more can be done."
These steps come as motorists across France face a fuel shortage that has resulted in cars lining up at gas stations. The workers' strike at France's two largest oil refineries is affecting about two-thirds of the country's ability to provide fuel, according to Bloomberg News.
The two stations are located in the Normandy region, and belong to Total Intergiz and ExxonMobil.
"Today there are talks between the two companies and the workers to resolve the situation," Bonn said. "We are doing everything we can to ease the situation in the coming days, especially in the most affected regions such as northern France."