Oct 15 (LNGJ) - TotalEnergies Chief Executive Patrick Pouyanné told a virtual energy conference that while everyone wanted an energy transition to cleaner fuel and there was “huge pressure” to quit fossil fuels it remained a fact that these same fossil fuels currently represent 80 percent of the energy supply today on the planet. Regarding decarbonization strategies, Pouyanné said carbon offsets do not help and TotalEnergies remained focused on cutting emissions directly from its operations. “We are building a multi-energy company with oil and gas, but also renewables and electricity,” added Pouyanné.
The CEO said he remained “bullish” on natural gas, and LNG in particular, because TotalEnergies sees natural gas as the right choice for the energy transition. TotalEnergies has worldwide LNG investments, including the currently stalled liquefaction and export project in Mozambique.
