Credit Agricole's Decision to Not Fund Two LNG Projects Sends Ripple Through Energy Sector

Monday, 25 March 2024, 20:22

French bank Credit Agricole has made a significant move by announcing its refusal to finance two major liquefied natural gas projects, impacting industry giants TotalEnergies and Exxon Mobil. This decision is likely to have a lasting effect on the energy sector and the future of LNG developments.

https://store.livarava.com/53b46fb3-eae6-11ee-aeb4-63fd8ea994ba.jpg — Credit Agricole's Decision to Not Fund Two LNG Projects Sends Ripple Through Energy Sector

France's Credit Agricole refuses to fund two major LNG projects

French bank Credit Agricole has announced it will not finance two major liquefied natural gas projects, dealing a blow to TotalEnergies and Exxon Mobil.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.