Total CEO warns against new Berlin Wall with Russia


The head of French oil major Total, Christophe de Margerie, says any deliberate reduction in imports from Russia would result in more expensive supplies from other producers which end users would not like - AFP Photo.

PARIS: Europe should stop thinking about cutting its dependence on Russian gas and focus instead on making those deliveries safer, including options to bypass Ukraine, the head of French oil major Total told Reuters.

In his strongest backing for Russia and its energy policies so far amid the conflict in Ukraine, Christophe de Margerie said Europe could see a repeat of a big gas supply crisis this winter.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

FBM KLCI slips below 1,600; GDP expands 5.3% in 3Q
Malaysia's economy grows 5.3% in 3Q
Sunway Property generates RM42mil in sales at Sunway Bayu pre-launch event
China's Oct data shows soft economic underbelly, backs calls for more stimulus
Indonesia Oct exports up 10.3% y/y, beating forecast
Anwar calls for stronger partnerships to ensure no one is left behind in fast-paced digital age
China new home prices fall 0.5% m/m in October
Metro Healthcare edges higher on ACE Market debut
Bursa Malaysia set to hold firm ahead of GDP data
Malaysia removed from US currency monitoring list

Others Also Read