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Fuels: TotalEnergies ready to give a rebate at the pump, if prices exceed two euros per liter

2023-02-08T10:26:13.004Z


Patrick Pouyanné, CEO of the oil group, explained studying this possibility, on the sidelines of the presentation of the annual results of his group.


While the prices of fuels, and in particular those of diesel, are once again on the rise, the CEO of TotalEnergies said he was "

ready to consider a rebate

".

Patrick Pouyanné, who spoke on the sidelines of the presentation of the annual results of his group said "

to have the feeling that we will have to look at what to do beyond two euros

".

He insisted on the “

psychological threshold

” represented by this price.

This fall, the group had applied up to 20 cents discount at the pump.

These grants to French consumers cost it 550 million euros in 2022. A sum to put into perspective, while the group generated 20.5 billion dollars in profits (19.5 billion euros).

Read alsoOil, profits, politics: TotalEnergies, the company that unleashes passions

The boss of the oil group, however, clarified that he would ensure "

not to put pressure on his service stations

".

The decision will therefore also depend on the “

social context

”.

Indeed, while the mobilization against the pension reform is in full swing, with the shutdown of refineries and fuel depots, Patrick Pouyanné does not want to take the risk of creating supply disruptions in his national network. of distribution.

He also recalled the importance of diesel in France, which represents "

70% of the group's fuel sales

" there.

An exception in Europe.

This also makes France more sensitive than other countries to the consequences of the entry into force, on February 5, of an embargo on Russian diesel.

Patrick Pouyanné also criticized the consequences of a measure, which he said he "

understood politically

", but which forced Europeans to buy diesel in India and China.

However, it is none other than refined Russian oil.

He castigated the “impact for the planet” of these new oil routes.

Source: lefigaro

All business articles on 2023-02-08

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