TotalEnergies chief executive Patrick Pouyanne bemoans a lack of foresight among European leaders on energy security, but stands ready to deploy two floating storage and regasification units to supply gas to continent and will consider investing in onshore liquefied natural gas terminals.

Most regasification facilities in Europe are now full, so new import schemes are urgently needed, a situation created by the European Union’s long-term reliance on Russian gas imports and recent switch towards renewables.