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TotalEnergies CEO says would not be surprised to see gas prices at $30/MMBtu soon

CEO says the market comes to a new normal if Strait of Hormuz capacity is at 50%; European refineries are running at full speed.

TTEF.PA

Sept. 28 (Reuters) — TotalEnergies SE CEO said he would not be surprised to see gas prices at $30 per million Btu soon. He said the market would settle into a new normal if Strait of Hormuz capacity is at 50%, and said European refineries are running at full speed, like "goldmines" this year. com; +48 58 769 66 00)