Josu Jon Imaz (Repsol): “I don’t think it’s ethical that there are laws here that don’t allow us to produce natural gas and we have to bring it from the United States”

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“I don’t think it’s ethical that there are laws here that don’t allow natural gas to be produced, and that we have to bring it from the US,” Repsol CEO said. Josu Jon Imamduring the intervention shareholders meeting It was done this Thursday.

One of the questions from shareholders Maria PradoGreenpeace representative and Finance and Ethics Foundation what the company doesn’t do is what makes it ugly plans to reduce fossil fuel productionWhen Imaz reminded him that in addition to emissions, there should be a focus on security of supply and the prices consumers pay for energy resources.

Imam reminded that bringing natural gas from the USA caused a disaster. higher CO2 footprint: “Extraction in the United States, what it emits in transportation, and then combined cycles to generate electricity.” “IT ethics is to produce the gas and oil that the world needs“Otherwise industries will have to shut down, meaning industrial jobs will be lost and Europe will not be able to maintain its prosperity levels,” he said.

Previously, Imaz pointed directly to: policies to limit Oil And gas as “responsible” energy prices The year 2022 was marked by the increase in demand for crude oil after the war in Ukraine and the post-covid recovery. ” public policy Those who aim to limit oil and gas production are also responsible for the high energy prices,” he said.

four more years

The board of directors approved the re-election of the CEO, Josu Jon Imamand the president Anthony BrufauFour more years, although Brufau has announced that he will leave his post in 2023. .

Shareholders also supported re-election to the board of directors. Aránzazu Estefanía Larrañaga, María Teresa García-Milá Lloveras, Henri Philippe Reichstul and John Robinson Westas well as confirmation of appointment through co-election and re-election Manuel ManriqueAlthough Sacyr ceased to be a shareholder of the oil company last year, he will remain on the company’s governing body.

40% of women

He also confirmed his appointment. Maria del Pino Velazquez Medina like independent external director. With this designation, Repsol, The target of 40% female ratio in the top structure of the companyAs recommended by the National Securities Market Commission (CNMV) Good Governance Act since 2020 and required by the bill approved by the Government just three days ago. In addition, 73.33% of independent members will be reached in the board of directors.

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