Sangster: Africa remains an important part of Total Energies
CNBC Africa’s Fifi Peters caught up with Mike Sangster, SVP Africa, TotalEnergies at the ongoing Angola Oil and Gas event in Luanda, Angola for his quick reaction to recent price fluctuations on the back of middle east tensions in the oil market.
Thu, 03 Oct 2024 15:28:31 GMT
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AI Generated Summary
- The significance of stability in the oil market amidst middle east tensions
- TotalEnergies' commitment to sustainable practices and innovation in the industry
- Angola's potential as a key player in the African oil and gas sector
The ongoing Angola Oil and Gas event in Luanda, Angola has been abuzz with discussions about recent price fluctuations in the oil market. CNBC Africa's Fifi Peters recently caught up with Mike Sangster, Senior Vice President of Africa at TotalEnergies, to get his insights on how the middle east tensions are impacting the industry. Sangster, who is a seasoned expert in the field, shared his thoughts on the current situation and shed light on Angola's oil and gas potential. During the interview, Sangster emphasized the importance of stability in the market and highlighted the need for continued investment in the sector. He also touched upon TotalEnergies' commitment to sustainable practices and the company's efforts to drive innovation in the industry. With Angola being a key player in the African oil and gas sector, Sangster's perspective provides valuable insights into the future of the industry in the region. As price fluctuations continue to impact the market, Sangster's expertise offers a unique perspective on how companies can navigate these challenges and unlock the full potential of Angola's resources.