A boost for several more months.
TotalEnergies announces this Friday that it will apply discounts at the pump until the end of the year.
“From September 1 to November 1, TotalEnergies will lower the price of petroleum fuels sold in stations by 20 cents per liter compared to the prices formed on international market quotations, then by 10 cents per liter”, indicates its press release.
“This commitment from TotalEnergies comes alongside government measures to directly support the purchasing power of the French people.
Our priority therefore goes to consumers because we prefer to make an immediate and direct contribution for our customers, rather than an indirect tax which would penalize our refineries,” says Patrick Pouyanné, its CEO.
State rebate in addition
This rebate is added to the aid of 18 cts per liter granted by the government.
Aid should increase to 12 cents in October and then to 6 cents in November, before disappearing the following month.
The Minister of the Economy, Bruno Le Maire, reacted quickly by welcoming TotalEnergies' decision.
It is "a fair decision, a strong decision and a good decision for consumers", he declared on RMC / BFMTV.
"What Total makes is very significant compared to the profits" made in refining in France this year by the group, he added, while TotalEnergies is accused by several elected representatives of the opposition and the majority of to have made “superprofits” with soaring gas and oil prices.
The shipping giant CMA CGM, also targeted by this type of accusations with the rise in container transport costs, also announced on Friday a further drop in its prices.
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