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France's Macron opposes new Iberian gas pipeline

French President Emmanuel Macron has announced that the French government will not support building a new pipeline that will deliver gas from Iberia to the rest of Europe.

French President Emmanuel Macron said his government does not support the idea of building a new pipeline to pump natural gas between the Iberian Peninsula and the rest of Europe despite the continent's energy crisis.

During the war in Ukraine, European Union countries have struggled to find common ground on how to wean the bloc off its reliance on Russian gas. Spain is pushing to build another, larger gas pipeline to France, a plan that German Chancellor Olaf Scholz reiterated his support for on Wednesday.

Macron said ahead of a Thursday meeting of European countries in Prague that existing pipelines between Spain and France were only being used at 50% to 60% of their capacity at the moment.

FRANCE'S MACRON URGES PUTIN TO WITHDRAW RUSSIAN FORCES FROM BESIEGED NUCLEAR PLANT

"What does Europe need in the coming years? To produce more electricity on its soil and have a renewable and nuclear (energy) strategy," the French leader said.

The new pipeline would need five to eight years to be built, Macron said, suggesting that France does not want to be importing large quantities of gas in the long term.

"I think our priority is rather to get more electricity interconnection in Europe, so I'm more in favor of these projects," he said.

FRANCE'S MACRON PROJECTED TO LOSE CENTRIST PARLIAMENTARY ALLIANCE IN ELECTION

Last month, Portugal’s prime minister said European authorities were considering a liquefied natural gas pipeline from Spain to Italy as a way of getting around France’s opposition.

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