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TotalEnergies must spend on Middle East pipelines that bypass Hormuz, CEO says (TTE:NYSE)

Seeking Alpha · last updated
Head office of TotalEnergies oil company in La Defense business district.

olrat/iStock Editorial via Getty Images

TotalEnergies (TTE), the oil major most exposed to the Middle East, must prioritize building ​pipelines that could export oil and gas from ‌the region without depending on ships that travel through the Strait of Hormuz, CEO Patrick Pouyanne said Tuesday.

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