Totalenergys Boss Is Considering "New Pipelines" to Bypass Ormuz
7 Articles
7 Articles
The Strait of Ormuz is still blocked. TotalEnergys warns about a possible energy shortage and advocates for urgent investments in new pipelines.
The boss of TotalEnergies, Patrick Pouyanné, today called for "resilience" in the face of the blockade of the Strait of Ormuz, where 20% of the world's oil and liquefied natural gas usually transit. He spoke of investments in "new pipelines".
TotalEnergies' boss, Patrick Pouyanné, calls for strengthening the "resilience" of energy supply chains in the face of tensions in the Strait of Ormuz, notably by advocating for new investments in transport infrastructure, including pipelines.
"It all depends on how long it takes," said Patrick Pouyanné, noting that it was impossible to see 20% of the world's oil and gas reserves inaccessible "without major consequences".
The boss of TotalEnergies Patrick Pouyanné called Friday for "resilience" in the face of the blockade of the Strait of Ormuz, evoking investments "probably in new pipelines" in order to reduce dependence on this strategic marine passage. ...
"The fact that today there are not enough ways out of the Strait is a problem." The post The boss of TotalEnergys wants to reduce the dependence on Ormuz by investing appeared first on Les Affaires.
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