TotalEnergies says Russian partner denies fuelling Ukraine strikes | Fin24

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TotalEnergies says Russian partner denies fuelling Ukraine strikes | Fin24
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France's TotalEnergies said Friday that its Russian joint venture partner had confirmed it was not supplying Moscow with jet fuel to carry out strikes in Ukraine, following an investigative report by French daily Le Monde. | Fin24

While most global energy giants have quit operating in Russia since its invasion of Ukraine, TotalEnergies has kept its lucrative natural gas operations in the country, though it has vowed to wind down purchases of Russian oil.

Le Monde reported this week that Termokarstovoye is a source of natural gas condensates - a liquid hydrocarbon recovered when extracting the gas itself - that are sent by pipeline to a Novatek processing plant in Purovsky. TotalEnergies has contested the claims, but France's Transport Minister Clement Beaune called Thursday for an inquiry"to shed all the light" on"an extremely serious matter."

"Therefore, it is clear that the media publications and calls to investigate activities of TotalEnergies in our joint companies have absolutely no basis in fact," Novatek said.

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