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French oil and fuel big TotalEnergies stated Friday it full the sale of its stake in a Russian firm producing jet gas.
The remark adopted the publication on Thursday of an article by the French newspaper Le Monde reporting that the “French oil and fuel big and its native accomplice Novatek handle a fuel discipline whose product, as soon as remodeled into kerosene, is used to gas Russian fighter planes engaged within the battle in Ukraine. Terneftegaz, the corporate that runs the sphere, is 49% owned by TotalEnergies and 51% by Novatek.”
In response to the Le Monde report, TotalEnergies issued an announcement Friday saying that whereas Terneftegaz produces jet gas at its Purovsky plant in western Siberia, it doesn’t have the certification to be bought inside Russia.
“Everything of secure condensate produced on the Purovsky Plant from the feedstock coming from NOVATEK’s subsidiaries and associates, together with Terneftegas, is delivered to the Ust-Luga processing advanced within the Leningrad Area. The vary of merchandise derived throughout processing on the Ust-Luga Complicated contains jet gas (Jet A-1) that’s solely exported outdoors Russia, and it doesn’t even have the certification to be bought contained in the nation,” TotalEnergies stated.
The corporate stated the media studies and calls to analyze its actions and actions by its joint firms have “completely no foundation in actual fact.”
The corporate then concluded that “no, TotalEnergies doesn’t produce jet gas for the Russian military.”
Following that assertion, TotalEnergies additionally that it bought “its 49% curiosity within the Russian Termokarstovoye fuel discipline to Novatek,” and that it “continues to implement its ideas of conduct.”
In the meantime, Ukrainian International Minister Dmytro Kuleba on Friday referred to as on TotalEnergies to tug out of Russia.
Kuleba stated by way of Twitter that his nation is “grateful to (French President) @EmmanuelMacron and the French folks for supporting Ukraine,” however “towards this background, it’s a shame to France when French firms help the homicide of Ukrainians and the ruining of our cities. @TotalEnergies, pull out of Russia!”
Earlier this yr, TotalEnergies additionally said that it might cease shopping for Russian oil and oil merchandise by the top of 2022 on the newest.
The corporate, nevertheless, stated that it’ll proceed to buy pure fuel from Russia.
“Not like oil provide, it seems that Europe’s fuel logistics capacities make it tough to do with out Russian fuel within the subsequent two to 3 years with out affecting the continent’s power provide,” TotalEnergies stated in an announcement.
The corporate stated it can mobilize oil merchandise from different locations, particularly diesel produced by the SATORP refinery in Saudi Arabia.
TotalEnergies’ contracts for Russian oil accounted for 12% of Russia’s diesel exports to the European Union in 2021, based on the assertion.
The corporate reiterated that it would not function any oil or fuel fields or liquified pure fuel vegetation in Russia and is shifting towards a gradual suspension of its actions in Russia, based on the assertion.
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