France produces oil and gas from regions overlying the
Aquitaine basin in the southwest and the Paris basin in the northeast.
The country has seen two oil peaks, the first in 1965, and the second in
1988 during which total French oil production was dominated by the
Aquitaine, then the Paris basin.
Both are now in decline and it is forecast that overall declines will
Gas production peaked in the late 1970s, mostly from the Aquitaine basin
and this is also in slow decline.
France has no offshore potential.
oil consumption is flat. Although slight increases are forecast for a
few years after 2010 these will cease after 2016. Gas consumption will
increase slowly, after the price-led dip, although consumption per
capita is below average for Western Europe. It imports piped gas from
the North Sea and Russia, and as LNG from Algeria and Nigeria.
France imports most of its oil and gas and has numerous strategies in
place to diversify its energy use. It has the highest contribution of
nuclear power for electricity generation in the world.