French oil giant folds work in Russia

Totalenergies starts a gradual suspension of his work in Russia. In particular, it stops the investment in the Arctic SPG-2 project, reports “MK”.

“Considering the deterioration of the situation in Ukraine and the availability of alternative sources of supply to Europe, Totalenergies unilaterally decided not to conclude and not renew contracts for the purchase of Russian oil and petroleum products to stop all purchases of Russian oil as soon as possible and no later than 2022. petroleum products, “said in the company.