FRANCE

(in Southern Europe)

CAPITAL: PARIS

POPULATION: 61 mm

AREA (on): 547,000 km2

OIL PEAK: 1998

SUPPLY

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 continue.

Gas production peaked in the late 1970s, mostly from the Aquitaine basin and this is also in slow decline.

France has no offshore potential.

 

DEMAND

French 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.

 

 
 

 

 

This is a simple forecast - detailed forecasts including offshore and onshore, deep water splits, sedimentary basins and major fields and drilling etc. can be purchased for most countries.

 

An onshore and offshore oil and gas production, consumption and drilling activity forecast report on this country can be commissioned,

including all relevant charts. Contact us for price and contents list.

 

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