Q3 2021 TotalEnergies SE Earnings Call Transcript
Ladies and gentlemen. Thank you for standing by, and welcome to TotalEnergies' Third Quarter 2021 Results Conference Call. (Operator Instructions) I must advise you that this conference is recorded today, the 28th of October 2021.
I would now like to hand the conference over to Mr. Jean-Pierre Sbraire, CFO of TotalEnergies. Please go ahead, sir.
Thank you. Good afternoon or good morning to all of you. So let me say first that I hope you and your closed ones are safe despite the COVID situation. I think we all hope that we are close to the end of this health crisis to consolidate the recovery we're currently witnessing and that would come back to a normal life in the near future.
So demand recovery continues to drive energy prices higher this quarter and particularly in the case from Asia. Our natural gas price valuation increased by 42% to $6.2 per million BTU in the third quarter. And our average LNG sales price increased by almost 40% to $9.1 per million BTU. As you know, Brent
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