A plethora of liquefied natural gas projects being developed worldwide are facing tighter access to capital as financiers shift increasingly towards a green investment agenda as part of the global trend towards decarbonisation of the energy sector.
Several banks have announced plans to phase out fossil fuel lending and the world’s biggest asset managers are also talking about divesting hydrocarbons, according to Melanie Lovatt, a financial advisor in business intelligence with brokerage and research firm Poten & Partners.
