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Total CEO says company rejected Venture Global as LNG supplier over lack of trust

Feb 5, 2025, 7:57 PM EST1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

TotalEnergies' distrust in a potential partner could signal caution in future projects, affecting investor confidence. Similar scenarios in the past have led to decreased stock performance for energy companies relying on trust in their partnerships.

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What happened, with direct paths to the underlying reporting

TotalEnergies declines long-term partnership with Venture Global LNG, citing trust issues. CEO Pouyanné expresses concerns about the reliability of Venture Global LNG.

TotalEnergies declines long-term partnership with Venture Global LNG, citing trust issues.
CEO Pouyanné expresses concerns about the reliability of Venture Global LNG.

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