Engie pulls out of US$7 billion US LNG deal

ENGIE has officially backed out of an LNG offtake agreement with the US’s NextDecade from its proposed Rio Grande project, apparently over environmental concerns related to shale gas. 

 Engie pulls out of US$7 billion US LNG deal  Engie pulls out of US$7 billion US LNG deal  Engie pulls out of US$7 billion US LNG deal  Engie pulls out of US$7 billion US LNG deal  Engie pulls out of US$7 billion US LNG deal

French govt-backed Engie pulls out of US LNG deal, fraccing may be the reason

 
 
The French utility, which is partly government owned, halted talks last month after both the government and environmental groups like the French chapter of Friends of the Earth

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