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Total CEO Sees Tight Gas Market, Pricey Diesel in Europe in 2023

Diesel unavailable at a TotalEnergies SE gas station in Paris.

Diesel unavailable at a TotalEnergies SE gas station in Paris.

Photographer: Nathan Laine/Bloomberg

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Europe’s natural gas market will tighten again in 2023 as stockpiles will have to be replenished over the summer without the usual Russian supply, according to TotalEnergies SE Chief Executive Officer Patrick Pouyanne.