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TotalEnergies will set up a discount of 12 cents per liter in its stations on the motorway

2022-06-29T17:39:30.505Z


EXCLUSIVE. The measure will be implemented from July 1 until August 31 in the group's 120 stations on the motorways.


Patrick Pouyanné was under pressure.

The boss of TotalEnergies had announced in April that the rebate of 10 centimes per liter set up in three quarters of its stations (2,700 out of a total of 3,500) until May 15 would finally be relaunched from July 1 for the whole summer, until August 31, but only at the brand's motorway stations, i.e. according to our estimates around 120.

“Not enough”, retorted Bruno Le Maire, the Minister of the Economy, to Patrick Pouyanné, during an appointment Monday morning, asking him to review his copy.

“Bruno Le Maire actually asked him to extend the discount of 10 cents per liter of fuel, we explained to the minister's office at the time.

The group must also improve its offer, either with a larger, longer or extended discount to more stations.

»

According to our information, it will therefore be a slightly larger discount.

TotalEnergies should indeed announce Thursday morning the establishment of a discount of 12 cents per liter, instead of 10 cents, from the first liter of fuel purchased, and without limit of amount.

This therefore represents an increase of 20% compared to the initial proposal.

A sufficient measure in the eyes of the government?

Adding to the 18 cents of the government rebate already in place, motorists who take a motorway and stop to refuel at a TotalEnergies station will therefore pay 30 cents less on their liter of fuel, gasoline (excluding Superethanol E85) or diesel (excluding GNR).

This will amount to an average saving of 15 euros for a full 50 liters.

Over the two months of summer alone, with the crossover of July and August, the motorway stations of TotalEnergies see some 17 million motorists pass by, out of a total of 50 million annually.

Will the measure satisfy Bruno Le Maire?

Have.

Even if officially, the government does not currently plan to tax the excess profits of energy companies, the threat still hovers above their management, that of TotalEnergies in the lead.

Tuesday, during the G7 summit in Bavaria (Germany), Emmanuel Macron attacked "producers who make excess profits in oil and gas (...), today, there are people who make a lot of money on war, we call that war profiteering”.

TotalEnergies may have felt targeted.

The group has indeed made 4.6 billion euros in profits

in the first quarter of 2022. Amounts that could increase further during the year.

Source: leparis

All business articles on 2022-06-29

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