Will TotalEnergies CEO Patrick Pouyanné offer an additional discount on fuel prices for his customers who subscribe to his gas-electricity offer? While the group has promised to cap the price of its fuel at 1.99 euros for all users, it announced at the Aix-en-Provence economic meetings that it could lower it for its subscribers.
“This measure, yes it is there, yes it will remain,” declared the head of the French giant, regarding this cap. “I am even considering, for those who are both subscribers to TotalEnergies gas electricity, and who have purchased gasoline, perhaps lowering the cap,” he added.
Questioned at the end of the round table, Patrick Pouyanné nevertheless refused to give details on this possible measure. “This decision that I have taken,” he continued before the audience about the cap, “is not totally rational economically. I have only done it in France, by the way.”
“It’s our problem, we live in this society”
“Why? Because somewhere I see that in the face of this question of the price of energy, there is anger rising,” he continued. Companies, and I believe this more and more, in this complicated, fractured world, undoubtedly have an increasingly important role to play,” he said.
While fuel prices have been on a downward trend in recent months, this cap at 1.99 per litre mainly benefits service stations in rural areas, where their transport costs more. “It is a policy that has completely met with the approval of the French, that is clear,” noted the head of the CAC 40 group.
According to him, “it corresponds to a form of corporate social responsibility, which I believe in. In this debate, we, the companies, must intervene with concrete actions,” he insisted. “We cannot simply say All this is not our problembecause it is our problem, we live in this society,” concluded Patrick Pouyanné, saying he hoped that “the French debate will return to something positive.”
The CEO had already indicated at the beginning of 2024 that the cap would be maintained for the current year, and “perhaps even beyond”. The group has never provided a figure on the potential cost of this measure, implemented for the first time in 2023, when prices were very high.