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TotalEnergies co-owned venture was accused of supplying fuel to the Russian military

TotalEnergies said it did not operate infrastructure that would have supplied the Russian military but acknowledged its shareholding in Terneftegaz.

TotalEnergies co-owned venture was accused of supplying fuel to the Russian military

Paris, Аug 25 - Neftegaz.RU. TotalEnergies is involved in supplying gas condensate to make jet fuel that may have been used by Russia's military in Ukraine, via the French firm's stake in a venture with Russia's Novatek.
Le Monde reported it August 24.

Le Monde report, based on energy market data and compiled with help from activist group Global Witness, said the fuel was produced from gas condensate supplied by Terneftegaz, in which Totalenergies holds 49%.
Journalists was able to trace the supply chain from the Termokarstovoye gas field in Siberia to two military air bases (Morozovskaya and Malchevo), each of which houses a squadron of multirole fighter aircraft.

TotalEnergies, which unlike major Western rivals has held on to its assets in Russia despite criticism, said it did not operate infrastructure that would have supplied the Russian military but acknowledged its shareholding in Terneftegaz.
It said all the gas condensate produced by Terneftegaz was supplied to Novatek, in which TotalEnergies also holds 19.4%, adding, that company has no information on, or control over, Novatek's independent sales to the Russian market.

TotalEnergies has a range of multibillion-euro investments in Russia, including stakes in the Yamal LNG and Arctic LNG 2 projects, the latter of which is not yet operational.
The projects are part of the firm's strategy to produce liquefied natural gas (LNG).

Source : Neftegaz.RU


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