Reaction of TotalEnergies after the publication of an article in the French daily newspaper Le Monde
No, TotalEnergies does not produce kerosene for the Russian army.
Paris, August 24, 2022 – Today, French daily newspaper The world published a article entitled “How gas supplied by TotalEnergies is used as fuel for Russian fighter jets in Ukraine.”
False, TotalEnergies does not produce kerosene for the Russian army. False, TotalEnergies is not involved in supplying fuel to Russian military aircraft in any form.
TotalEnergies categorically denies all unfounded allegations made in this article. TotalEnergies is horrified by the large number of errors, shortcuts, inaccuracies, speculations and untruths.
For the sake of transparency, TotalEnergies quickly published, on its website, its answers to the journalist’s questions submitted before the publication of the article in The world.
Had The world not having chosen to ignore our answers, it could not have pointed out that TotalEnergies “exploits” a deposit from which gas condensates are extracted and then transformed into kerosene to refuel Russian fighter planes. Indeed, TotalEnergies had clearly informed The world this:
- TotalEnergies is a minority shareholder (49%) of Terneftgaz, alongside Novatek, the majority shareholder (51%).
- TotalEnergies has no operational role in this company. Novatek operates this business with its own staff.
- Since 2015, TotalEnergies has not granted any financing to Terneftgaz and has not received any dividend from this company since February 2022.
- Finally, the condensates produced by Terneftgaz are sold in their entirety to Novatek in accordance with the contracts concluded from the outset and, as a minority shareholder, TotalEnergies has no control or information on the sales subsequently made by Novatek.
Since the start of the war in Ukraine, TotalEnergies has always expressed its outright condemnation of Russian military aggression against Ukraine, which has had tragic consequences for the Ukrainian people and threatened peace in Europe. Furthermore, in order to act responsibly in its capacity as a European company and in accordance with its values, TotalEnergies SE defined, as of March 22, clear principles of action concerning its activities in Russia.
Consequently, TotalEnergies will respond point by point to this article, and reserves the right to take any appropriate legal action to ensure the protection of its interests and reputation.
In addition, TotalEnergies invites anyone wishing to access additional information on the situation of TotalEnergies in Russia to refer to pages 58, 59 and 60 of its 2021 Universal Registration Document, accessible to all on its website.
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About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewable energies and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Present in more than 130 countries, TotalEnergies places sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
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Caution note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE. Similarly, the words “we”, “us” and “our” may also be used to refer to these entities or their employees. The entities in which TotalEnergies SE directly or indirectly holds a stake are separate legal entities. TotalEnergies SE has no responsibility for the acts or omissions of these entities. This document may contain forward-looking information and statements based on certain economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries undertakes any obligation to publicly update any forward-looking information or statements, objectives or trends contained herein, whether as a result of new information, future events or others. Information concerning the risk factors likely to affect the financial results or the activities of TotalEnergies is provided in the most recent Reference Document, the French version of which is filed by TotalEnergies SE with the Autorité des Marchés Financiers (AMF). , and in Form 20-F filed with the United States Securities and Exchange Commission (SEC).
