Total Energies' debts drop to $19.71B

TotalEnergies' group debt has decreased to $19.71 billion from $23.05 billion in the previous quarter, reflecting an improved financial position and reduced reliance on borrowing. Its debt-to-capital ratio has fallen to 13.1%, enhancing its ability to manage obligations and fund its activities. In Tunisia, the group is active in fuel distribution, operating around 160 car wash and distribution stations, as well as eight industrial sites, while monitoring its financial performance in international markets. This development is important for the energy sector, which requires significant investments and faces volatility in oil and gas prices.

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