Leading natgas supplier Qatar Energy plans “Green” bonds

Leading natgas supplier Qatar Energy plans “Green” bonds

Qatar Energy, formerly known as Qatar Petroleum, the state-backed oil and natgas company of Qatar, had been mulling an option to a sweeping overhaul in a bid to renovate as an environment friendly entity for the investors through a directive that includes sales of “Green” bonds worth several billions of dollars, a press agency report had unmasked later last week citing at least three sources familiar with the issue who wished to remain anonymous given the scale of sensitivity of the subject-matter.

Besides, the press agency report had quoted one of the sources as saying that Qatar Energy had been working out a framework aimed at branching out an environmental, social and governance (ESG) mandate which in effect would enable the world’s leading LNG (liquefied natural gas) supplier to issue green bonds, which in simple-term are unadorned debts that could be used for environment friendly activities.







Qatar Energy mulls a ‘green’ bond issuance

On top of that, had Qatar Energy’s plan to sell off its green bonds come into effect, it would be the first green bond sale of a state-backed Gulf petroleum company and would mark off a milestone event for the