Commodity Trade Mantra

Posts Tagged ‘Christophe de Margerie’

Total War over the Petrodollar

The CEO of Total, before his death & his CFO were both strong supporters of Total raising the $27 billion in non US dollars & moving the project forward with the Russians. If Total doesn’t close the $27 billion financing it needs to move forward with the Yamal LNG project then we’ll know someone stepped in to prevent an attack on the petrodollar.

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