France to halt all offshore drilling definitively

PARIS France is halting all offshore oil and gas operations and is refusing requests to renew offshore permits, official sources announced on Thursday.

The Ecology Transition Ministry and the Economy and Finance Ministry said in a joint statement that no more offshore drilling operations would be permitted and France had rejected a deep water renewal for the permit “Juan de Nova Maritime” in the Mozambique Canal.

Last year, France halted drilling operations in French Guyana and has geared up to phase out any future operations.

“There will therefore no longer be anymore hydrocarbon offshore drilling in France” or outlying French territories, the joint statement said.

The statement justified the decision on efforts to combat climate change and use more sustainable, renewable energy sources and gradually diminish use of fossil fuels by 2030 in line with the Paris Climate Agreement of 2015.

Source: Kuwait News Agency