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The French oil distribution industry, however, had an overall net margin of about 500 million euros in 2011, according to UFIP estimates, equivalent to the amount to be levied by the government this year.
Last week Nicolas Sarkozy, the French president, ordered riot police to move strikers from the entrances to the depots to allow fuel trucks through, and on Monday Jean-Louis Schilansky of the UFIP industry body told the AFP news agency they were clear.
Specifically, the UFIP draws attention to port inspections which are often inadequate, vetting procedures (controls conducted by the chartered) which are too restricted, and shortcomings in the Sire data base on tankers, which is incomplete.
"The refining sector is now facing extremely intense competition, especially from the USt, because energy costs for American refineries are much lower than ours thanks to shale gas," Jean-Louis Schilansky, the head of UFIP, said at the oil industry group's annual presentation.
But France's UFIP oil industry lobby has said France could see serious fuel-supply problems by mid-week, meaning the government may have to look at tapping emergency reserves.
Philippe Trepant President of the Union of French Petroleum Industries (UFIP) has indicated that the industry made a net return of 6.1 billion French Francs in 1998 (Euro 0.93 billion), FF2.9 billion (Euro 0.44 billion) more than in 1997.
The French Union of Petroleum Industries (UFIP) warned that there were
but the French Union for Petroleum Industries (UFIP) said in a statement that
122.62) last month, according to the French Union of Petroleum Industries (UFIP), the country's oil industry federation.
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