Total Energies is looking to import diesel and other fuels from the United Arab Emirates to stock up on alternatives to Russian supplies ahead of winter, Report informs, citing Reuters.
“Under the initiative of the French government, we’re discussing an agreement to have access to diesel and fuel from the Emirates this winter, in case we need it,” Chief Executive Officer Patrick Pouyanne said at a Senate hearing in Paris. “There won’t be issues” with supplies of diesel and heating fuel in the coming months, he said.
Russia accounted for about 12% of Total’s imports of diesel and other fuels in Europe. However, that will drop to zero by next February amid sanctions, Pouyanne said Wednesday.