European Union │Goodbye to “MidCat”, hello to “BarMar”

CESCE, Country Risk

The leaders of France, Spain and Portugal agreed last week to build a
new underwater pipeline that will connect Barcelona and Marseille, already known as “BarMar”.

This is the project that replaces the controversial “MidCat”, which Paris opposed, a gas pipeline that crossed the Pyrenees and connected the Iberian Peninsula with French territory. The main difference is that the “BarMar” It is a pipeline of more than 360km designed to transport green hydrogen and, only at specific times, gas. Although the technical or financial details of the project are still unknown, it is known that its construction could take between five and six years, so it would not serve to resolve the energy crisis facing the city. UE

currently.

This is an important diplomatic success and the only viable option given the firm rejection of France to MidCat. Paris argued the lack of economic and environmental viability of the proposed gas pipeline but the truth is that the French country does not want to compromise its own energy market based on the production and export of nuclear energy. After months of pressure from Madrid, Lisbon and Berlin, Emanuel Macron's government has finally opened the door to the negotiation that has brought forth this new project. 

Source: CESCE

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