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Politics : Politics for Pros- moderated

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From: Winfastorlose11/9/2022 7:45:24 AM
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TotalEnergies CEO says West, rest of world differ on Ukraine war

The head of French multinational energy firm TotalEnergies has said the rest of the world does not share Western countries’ view on the war in Ukraine.

“The vision which we have of this conflict in the Western camp is by no means shared by the vast majority of the rest of the world,” Patrick Pouyanne, the company’s chairman and chief executive, told the French parliament’s foreign affairs committee.

TotalEnergies has refused to drop its Russian assets over Moscow’s invasion of its neighbour, despite rivals such as BP and Shell pulling out of the country over the offensive.

The company said last month that it had received approximately $748m in dividends from those assets, including minority stakes in gas producer Novatek and liquefied natural gas (LNG) projects Yamal LNG and Arctic LNG 2, in the first nine months of the year.
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