Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Environment
    • Community Development
    • Renewable Energy
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home ยป French presidential candidate urges nationalisation of Total

    French presidential candidate urges nationalisation of Total

    April 21, 2012
    Share
    Facebook Twitter LinkedIn WhatsApp

    21 April 2012, Sweetcrude, PARIS – French hard-left presidential candidate, Jean-Luc Melenchon, has urged that France nationalise oil giant, Total, along the lines of Latin America’s left-wing revolutions, especially as Argentina is doing with energy firm, YPF.

    Melenchon, whose surge in support to challenge for third place has been the main surprise in the campaign, hailed “citizens’ revolutions” led by Latin American leaders such as Venezuelan president Hugo Chavez and Argentine president Cristina Fernandez, who this week announced a plan to seize control of YPF from Spain’s Repsol, igniting a chorus of international criticism.

    “The revolutions in Latin America are a source of inspiration for us,” Melenchon said at the meeting with foreign media staged at his headquarters in a disused factory in Paris’s eastern suburbs.

    “The nationalisation of YPF is proof that the citizens’ revolution is still active. If we win power, we would nationalise Total in exactly the same way,” he said, beneath red campaign posters inviting French voters to “Take power!”

    Melenchon is running fourth in the polls ahead of Sunday’s ballot, slightly behind far-right candidate Marine Le Pen. While he is well short of joining the two-horse runoff, he has shaken up the campaign with his fiery oratory and ability to mobilise big crowds nostalgic for the barricades.

    The 60-year-old former teacher’s poll surge in recent months has tapped into a popular frustration at the highest jobless rate in 12 years and economic stagnation.

    Melenchon has made it plain he will back the Socialist candidate Hollande after the first round but has stopped short of stating what conditions he might seek.

    “We will do everything in our power to make Mr. Sarkozy lose,” he said, saying that would set an example for other countries in Europe, notably Germany, where conservative Chancellor Angela Merkel faces elections in October next year.

    Related News

    NMDPRA tasks Indorama on operational excellence, safety compliance

    Nigeria flares 77bn cubic feet of gas as LPG prices soar

    Dangote says legacy lies in industrialising Africa, not wealth

    E-book
    Resilience Exhibition

    Latest News

    Gas leak, pipeline attacks force Rivers community residents to flee

    June 22, 2026

    PTDF seeks stronger talent pipeline for oil industry growth

    June 22, 2026

    NMDPRA tasks Indorama on operational excellence, safety compliance

    June 22, 2026

    OPEC projects $92bn refining investment for Africa by 2050

    June 22, 2026

    NIMASA signs capacity development MoU with ITC-ILO

    June 22, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.