Energy News
OIL AND GAS
Senate probe urges France stop importing Russian LNG
Senate probe urges France stop importing Russian LNG
by AFP Staff Writers
Paris (AFP) June 19, 2024
A Senate investigating committee called Wednesday for France to stop importing Russian liquefied natural gas (LNG) and push for the fuel to face EU sanctions.

The committee's report also urged the state obtain special rights over French energy giant TotalEnergies' strategic decisions and major changes in shareholders.

The probe was launched in December at the instigation of greens lawmakers, but the report was adopted unanimously by committee members although the upper house of parliament is dominated by an alliance of centrist and conservative lawmakers.

TotalEnergies sparked a political furore in France earlier this year when its chief executive Patrick Pouyanne floated the idea of moving the company's main stock listing from Paris to New York.

The report urged the French state to get a "special share" that would give it influence over strategic decisions and changes in ownership of the company.

It said such a move was justified given "the evolution of threats weighing up the energy sovereignty of France and Europe, the evolution of the shareholders structure of TotalEnergies."

North American investors own a large portion of the company's shares.

The committee's report also called for France take a leading position among European nations "by proposing the inclusion of Russian LNG to the list of sanctioned energy products and lead by example by halting as soon as possible the import of Russian LNG into France."

Although deliveries of Russian gas to Europe by pipeline dried up after Russia's 2022 invasion of Ukraine, deliveries of LNG by ship continued, with TotalEnergies transporting the gas from Siberian fields to France.

Western sanctions have targeted Russian crude and oil products, but have spared natural gas which is key for heating and industry.

The report also called for French companies to halt starting new oil and gas projects or proceeding to new stages of projects under way in Azerbaijan, which will host the UN climate conference in November.

The committee was formed to look into the means the French state had available and was deploying to ensure TotalEnergies is meeting climate mandates and following French foreign policy goals. The report made a total of 33 recommendations to the state.

nal-cho-ama/rl/cw

TotalEnergies

Related Links
All About Oil and Gas News at OilGasDaily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
OIL AND GAS
Drone attack sets oil tanks ablaze in southern Russia
Moscow (AFP) June 18, 2024
An overnight drone attack set several oil storage tanks ablaze near the town of Azov in southern Russia on Tuesday, sparking a large fire, local officials said. Ukraine did not immediately claim responsibility but has carried out similar attacks on Russian energy facilities before, arguing they are fair targets given they fuel Moscow's military. "Oil product tanks caught fire in Azov as a result of a drone attack. According to preliminary data, there were no casualties," the governor of the loca ... read more

OIL AND GAS
Sky's the limit for biofuels

Sustainable Aviation Fuel Reduces Non-CO2 Emissions

Vast Gets Approval for Solar Methanol Plant in Port Augusta

Singapore shipper claims milestone with bio-methanol refuelling

OIL AND GAS
Vortex Structures Uncovered in Solar Cell and Lighting Materials

2 solar projects to supply power for 5 military installations

Chinese Premier Li targets clean energy in Australia visit

Rice Lab Reports Significant Advances in Perovskite Solar Cell Stability

OIL AND GAS
Why US offshore wind power is struggling - the good, the bad and the opportunity

Robots enhance wind turbine blade production at NREL

Offshore wind turbines may reduce nearby power output

Wind Energy Expansion Planned for China's Rural Areas

OIL AND GAS
Nationwide power outage leaves 18M Ecuadorians in the dark

Kuwait announces power cuts as demand spikes in summer heat

Russia continues attacks on Ukraine's power grid

Russia launches new 'massive' attack on Ukraine power network

OIL AND GAS
Investigators comb wreckage after S. Korea lithium factory fire kills 23

Whoever controls electrolytes will pave the way for electric vehicles

New approaches for perovskite-based ferroelectric ceramics in energy storage

DOE Unveils Decadal Strategy for Fusion Energy

OIL AND GAS
Illegal gold mining eats into Peruvian Amazon

ArcelorMittal rejects report on pollution rules; Singapore beaches closed due to oil spill

Air pollution linked to 135 million premature deaths: study

Thailand warns 'Jurassic World' producers over filming impact

OIL AND GAS
UK judges block new oil site over indirect climate impact

Senate probe urges France stop importing Russian LNG

Congo oil permit threatens park, must be scrapped: NGO

Drone attack sets oil tanks ablaze in southern Russia

OIL AND GAS
NASA Observes Mars Illuminated During Major Solar Storm

Water frost discovered on Mars' tallest volcanoes

Frost discovered on top of giant Mars volcanoes

New analysis suggests lack of subglacial lake on Mars

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2026 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.