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Total CEO says demand for petrol to decline from 2030 He said that electricity produced from renewables will form the main part of its business
Reuters
Last Updated IST
The logo of French oil and gas company Total is seen in Rueil-Malmaison. Credit: Reuters
The logo of French oil and gas company Total is seen in Rueil-Malmaison. Credit: Reuters

Total's chief executive said on Monday that demand for petrol was expected to decline from 2030 and that electricity produced from renewables will form the main part of its business portfolio.

Patrick Pouyanne also told BFM Business radio that Total expected to make smaller writedowns on assets in years to come.

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(Published 08 March 2021, 15:20 IST)