Daily Management Review

France asks TotalEnergies to take new measures to reduce gasoline prices


The big oil and gas business TotalEnergies has been urged to take extra steps to lower fuel prices domestically, according to French Economy and Finance Minister Bruno Le Maire.

"The state and public spending cannot be the only sources of effort. Additionally, firms need to make an effort. Fuel prices have been reduced by 10 cents per liter of gasoline thanks to efforts made by Total. Because gas prices are still quite high, I will encourage Total's president to exert further efforts. Equal effort distribution is necessary," the minister said.

Early in June France saw record-breaking fuel prices. The price of super SP95-E10 fuel increased 13.7 cents to €2.066 per liter. The most popular fuel in France, diesel, saw a 13.3 cent increase to reach €1.961 per liter.

France's TotalEnergies (formerly Total) is one of the major energy businesses in the world and the second-largest supplier of liquefied natural gas (LNG) to the worldwide market. It employs around 100,000 people in over 130 countries.

source: bfmtv.com