Lettre  l'Agence des participations de l'Etat pour exiger d'ENGIE la fin de l'expansion gazire

Civil society organisations have called on the Agence des participations de l'Etat (APE), the primary shareholder of ENGIE, to force the company to stop expanding its gas infrastructure. The signatories argue that ENGIE's current climate strategy is incompatible with a 1.5°C warming limit and highlight risks associated with long-term LNG import contracts and new gas plant projects. They specifically demand a public commitment to exit gas for electricity production by 2035 in Europe and OECD countries, and by 2040 globally, while halting new gas infrastructure and long-term LNG contracts.

• The signatories argue that ENGIE's climate strategy remains incompatible with limiting global warming to 1.5°C, despite some encouraging aspects, and fails to include a gas exit strategy based on closures rather than sales.
• The document identifies significant risks from long-term liquefied natural gas (LNG) import contracts with companies such as Sempra, Cheniere, and Next Decade, noting some extend beyond 2040 and may facilitate the development of new export terminals.
• Specific infrastructure projects are cited as contradicting decarbonisation goals, including a new gas plant in Nijmegen, Netherlands, and the expansion of import terminals at Fos Cavaou and Montoir-de-Bretagne by ENGIE subsidiary Elengy.
• The authors highlight a decline in European gas consumption, noting a 19% drop between 2021 and 2023 and a projected 29% drop between 2021 and 2028, suggesting that import terminal utilization rates will continue to fall.
• While acknowledging ENGIE's plan for 39 GW of additional renewable capacity by 2030, the signatories assert this is only relevant if accompanied by a rapid reduction in fossil fuel production capacities.

APA

Manickawasagar, A. (2025). Lettre  l'Agence des participations de l'Etat pour exiger d'ENGIE la fin de l'expansion gazire. Reclaim Finance. https://reclaimfinance.org/site/2025/04/03/lettre-a-lagence-des-participations-de-letat-pour-exiger-dengie-la-fin-de-lexpansion-gaziere/

Chicago

Manickawasagar, Aatiraï. Lettre  l'Agence des participations de l'Etat pour exiger d'ENGIE la fin de l'expansion gazire. Reclaim Finance, 2025. https://reclaimfinance.org/site/2025/04/03/lettre-a-lagence-des-participations-de-letat-pour-exiger-dengie-la-fin-de-lexpansion-gaziere/.

Wikipedia

{{cite press release |last1=Manickawasagar |first1=Aatiraï |title=Lettre  l'Agence des participations de l'Etat pour exiger d'ENGIE la fin de l'expansion gazire |publisher=Reclaim Finance |date=3 April 2025 |url=https://reclaimfinance.org/site/2025/04/03/lettre-a-lagence-des-participations-de-letat-pour-exiger-dengie-la-fin-de-lexpansion-gaziere/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{manickawasagar2025lettre, author = {Manickawasagar, Aatiraï}, title = {{Lettre  l'Agence des participations de l'Etat pour exiger d'ENGIE la fin de l'expansion gazire}}, publisher = {Reclaim Finance}, year = {2025}, month = apr, url = {https://reclaimfinance.org/site/2025/04/03/lettre-a-lagence-des-participations-de-letat-pour-exiger-dengie-la-fin-de-lexpansion-gaziere/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }