Credit Agricole says it will not fund Rovuma LNG project-March 2024-www.financetom.com

Credit Agricole says it will not fund Rovuma LNG project

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Credit Agricole says it will not fund Rovuma LNG project

Mar 25, 2024 11:23 AM

PARIS, March 25 (Reuters) - French bank Credit Agricole

said on Monday that it would not provide financing to Exxon

Mobil ( XOM ) and Eni's Rovuma liquefied natural gas

(LNG) project in Mozambique, citing commitments to refrain from

new fossil fuel developments.

(Reporting by Forrest Crellin and Mathieu Rosemain)

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