TotalEnergies: Follow-up on the reaction from TotalEnergies after the publication of an article in French daily newspaper Le Monde

As a shareholder of Novatek, TotalEnergies asked the management of Novatek on August 25 for information on what happens of the gas condensates produced by the Termokarstovoye field in Russia, in order to shed the fullest light on the recent controversy initiated by French daily newspaper, Le Monde.

TotalEnergies publishes the response given to TotalEnergies by Novatek:

“All of the unstable condensate produced by our subsidiaries and joint ventures, including Terneftegas, comes into our Purovsky condensate processing plant. The Purovsky Plant also stabilizes condensate from other Russian producers, whose share in the plant’s load does not exceed 20%.

The entirety of stable condensate produced at the Purovsky Plant from the feedstock coming from NOVATEK’s subsidiaries and affiliates, including Terneftegas, is delivered to the Ust-Luga processing complex in the Leningrad Region. The range of products derived during processing at the Ust-Luga Complex includes jet fuel (Jet A-1) that is exclusively exported outside Russia, and it does not even have the certification to be sold inside the country.

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.”

As a result, this confirms what TotalEnergies published on August 24 stating that “No, TotalEnergies does not produce jet fuel for the Russian army”.

TotalEnergies seeks to end this unfounded controversy which is damaging the reputation of the Company and has decided to take all appropriate legal action to put an end to it if necessary.