MOSCOW: The Chief Executive of French oil major Total, Christophe de Margerie (pictured), was killed when a business jet collided with a snow plough during takeoff at Moscow’s Vnukovo International Airport, the company and airport officials said.
The collision occurred late on Monday, just minutes before midnight Moscow time, the airport said in a statement. The Dassault Falcon business jet carrying de Margerie had been due to travel to Paris.
“Total confirms with deep regret and great sadness that Chairman and CEO Christophe de Margerie died just after 10pm (Paris time) on October 20 in a private plane crash at Vnukovo Airport in Moscow, following a collision with a snow removal machine,” the company said in a statement.
The plane’s three crew also died, said Total, France’s second-biggest listed company with a market value of ¤102bn.
There was no immediate word on the cause of the collision. Visibility was 350 metres at the time, the airport said, adding that civil aviation authorities had launched an investigation.
Vnukovo is Moscow’s oldest and third biggest airport. Located southwest of the capital, it is used by President Vladimir Putin and other government officials.
De Margerie, 63, was on a list of attendees at a Russian government meeting on foreign investment in Gorki, near Moscow, on Monday. With his distinctive bushy moustache and outspoken manner, he was one of the most recognizable figures among the world’s top oil executives.
“France is losing an extraordinary business leader who turned Total into a world giant,” French Prime Minister Manuel Valls said in a statement. “France is losing a great industry captain and a patriot.”
A graduate of the Ecole Superieure de Commerce business school in Paris, de Margerie became chief executive officer of Total in February 2007, taking on the additional role of chairman in May 2010, after previously running its exploration and production division.
De Margerie said in July that he should be judged based on new projects launched under his watch, such as a string of African fields. He also said then that Total would seek a successor from within the company rather than an outsider.
Philippe Boisseau, head of Total’s new energy division, and Patrick Pouyanne, who was tasked with reducing the group’s exposure to unprofitable European refining sectors, have long been seen as potential successors.
A staunch defender of Russia and its energy policies amid the conflict in Ukraine, de Margerie said in a July interview that Europe should stop thinking about cutting its dependence on Russian gas and focus instead on making those deliveries safer.
He said tension between the West and Russia were pushing Moscow closer to China, as illustrated by a $400bn deal to supply Beijing with gas that was clinched in May. “Are we going to build a new Berlin Wall?” he said in the interview.
“Russia is a partner and we shouldn’t waste time protecting ourselves from a neighbour ... What we are looking to do is not to be too dependent on any country, no matter which. Not from Russia, which has saved us on numerous occasions.”
Reuters
