French companies active in Russia

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niemeyjt
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Joined: Mon Jul 12, 2021 6:34 pm

French companies active in Russia

#11 Post by niemeyjt »

Most now seem to have pulled out, apart from Total

How French oil and gas giant TotalEnergies fuels Russian fighter jets in Ukraine

The French oil and gas company is alone among its Western peers to have continued operations in Russia. It receives income from the sale of gas condensate which, once transformed into kerosene, fuels Russian planes striking Ukraine.

source: https://www.lemonde.fr/en/international ... 692_4.html

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Bayleaf
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French companies active in Russia

#12 Post by Bayleaf »

So, in a roundabout way, aiding and abetting the slaughter of so many Ukranians. Shame on them - but again, it's all about the money, innit?! :cry: :evil:

Lori
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French companies active in Russia

#13 Post by Lori »

Bayleaf wrote: ↑Fri Aug 26, 2022 8:02 am Shame on them - but again, it's all about the money, innit?! :cry: :evil:
Always !

MAD87
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French companies active in Russia

#14 Post by MAD87 »

Well, to be fair, if you have a contract, chances are there are such bum-biters as penalty clauses for breaching its terms. In the case of a supplier/refiner, they're liable to be hefty (seven figures), so responsibility not only to the client but also the employees and yes, shareholders, will weigh heavily chez Total.

All the cos which have left or are leaving Russia can't just shut the door and hand over the keys to the shop. Negotiations are usually protracted but have been truncated in some cases, to the detriment of all parties.

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