Totalenergies CEO Patrick Pouyanne said on Saturday European gas prices would keep rising until a decision is made that Europe will use the fuel for the long term, which would lure investment.
Energy prices have surged since Russia, a major fuel exporter, invaded Ukraine on Feb. 24, prompting western sanctions and concern of supply disruption.
"Do we accept gas as a transition fuel and that we need it for the next 20-25 years, then investors will come?" he said.
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