the Minister of Energy Transition “regrets” the choice of TotalEnergies to increase its hydrocarbon production

“To act on emissions linked to the use of hydrocarbons, we need policies to reduce the use of fossils,” insisted Agnès Pannier-Runacher in an interview published Tuesday by “Le Monde”.

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The Minister of Energy Transition, Agnès Pannier-Runacher, in Paris, November 15, 2023. (XOSE BOUZAS / HANS LUCAS / AFP)

The interview does not go unnoticed. The Minister of Energy Transition Agnès Pannier-Runacher said “to regret” TotalEnergies’ decision to produce more by 2030.

“It’s a fact and I regret it: oil and gas companies want to continue their exploration and production activities”she responded in an interview published Tuesday by The worldwho questioned him about the French giant’s choice to produce larger quantities by 2030.

Act on emissions

For the minister, “the first subject is to obtain decisions from the entire sector on emissions linked to production. And to act on emissions linked to the use of hydrocarbons, we need policies to reduce the use of fossils “. “This is what we are putting in place: at one point, oil will be mechanically absent from the [bouquet] French energy and it will be the same for the entire European continent. So why develop new assets? I say it bluntly: an oil and gas company that does not know how to invent its decaborn model has no future”she added.

At the end of September, TotalEnergies announced that it planned “increase its hydrocarbon production 2 to 3% per year over the next five years”, particularly to meet demand in emerging countries. Until then, the French major had not communicated a quantified objective, and its oil and gas production between 2019 and 2022 had continued to decline.


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