Totalenergies says decision to attract investment needed to calm gas price

  • 📰 Reuters
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Totalenergies CEO Patrick Pouyanne said on Saturday European gas prices would keep rising until a decision is made that Europe will use the fuel for the long term, which would lure investment.

Energy prices have surged since Russia, a major fuel exporter, invaded Ukraine on Feb. 24, prompting western sanctions and concern of supply disruption.

"Do we accept gas as a transition fuel and that we need it for the next 20-25 years, then investors will come?" he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Rate my photos) Kathlee24270881

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines