Economy

 An Industry Titan writes back -Part Two

The importance of electricity and solar energy

According to him, the investment and production of TotalEnergies in Russia are very small.He confirmed the domination of the main components of the solar energy market by China due to the low cost of production in China.And concluded that in the years ahead,people are going to charge their electric cars in the office or in a park as they perfunctorily charge their telephones at home.

The right to dissent

He confessed his uncertainty on the take off date for the project in Mozambique,he refuted the allegation of forced land acquisition pertaining to the East Africa Pipeline project.He challenged his opponents on the number of families to be relocated in Uganda and in Tanzania.To the extent that the commission agreed to investigate further the issue of land compensation and the number of families affected by the project.

Missed questions and issues that are typical of France

Unfortunately,they failed to ask him questions,on river pollution and its consequences on agriculture.(This writer, can recall that when the Nigerian parliament was based in Lagos,a parliamentary delegation that included Mrs Babatope, one of the first female geologists and the wife of chief Ebenezer Babatope,the famous UPN,director of organisation visited the oil producing region and in their report warned that the fishing industry was destroyed by the oil companies in the Delta area of Nigeria).

The multinational group head hinted that 90% of the employment in Angola will be for Angolan citizens and observed, We are not attacked in 129 countries around the world.In some countries,we are considered as a petroleum company that sets standards for others to follow.It is really frustrating that most of the attacks against us are from the country where we have our headquarters... and in any case, my British and American colleagues are in the same situation.

Titan-One |Economy | Geopolitics | Diplomacy| Metropolitan France