A large-scale fuel price reduction program will be implemented at all of the TotalEnergies‘ service stations in France until year-end in order to meet the expectations of French people affected by energy price increases.
TotalEnergies will lower its petroleum fuel prices in service stations from September 1 to November 1 by €0.20/liter compared to global market quotation prices, followed by a €0.10/liter reduction from November 1 to 31 December.
TotalEnergies’ commitment complements the French government’s measures to increase the purchasing power of French people. The company prefers to make an immediate and direct contribution to its customers rather than imposing an indirect tax that would penalize their refineries.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, Stated “With this large-scale price reduction programme in our service stations, we are hopeful that this long-term commitment will be recognised both by our customers and at the national level.”
Price reductions in service stations will be effective from the first liter of petroleum fuel purchased, with no limit on how much can be purchased.