TotalEnergies' Saudi Arabia refinery running at 70% will not be fully repaired until early 2027, CEO says

PARIS, June 17 (Reuters) - TotalEnergies' TTEF.PA oil refinery in Saudi Arabia, which was hit by three drones, is still running only at 70% capacity and it will not be fully repaired until early 2027, the company's Chief Executive Patrick Pouyanne said on Wednesday.

He made the comment during a hearing by the French lower house's economic affairs commission on the Middle East crisis.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.