Banks decline to finance LNG project in Papua New Guinea

via news.mongabay.com

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A total of Twenty-nine international banks and export credit agencies have ruled out financing a liquefied natural gas (LNG) project in Papua New Guinea, citing climate, environmental and human rights concerns. The project is led by French oil and gas giant TotalEnergies, which says the project will go on as planned, nonetheless.  Twelve financial institutions […]

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