Macron pushes East African oil pipeline as French banks shun project
- Date: 05-May-2021
- Source: Global Trade Review
- Sector:Oil & Gas
- Country:Middle East
Macron pushes East African oil pipeline as French banks shun project
French President Emmanuel Macron has signalled his support for Total’s US$3.5bn East African Crude Oil Pipeline (EACOP) as France’s biggest banks shun the project. With oil and gas investments falling out of favour in the eyes of investors, the pipeline could well be the continent’s last major foray into fossil fuels. Macron stated the project ...
The post Macron pushes East African oil pipeline as French banks shun project appeared first on Global Trade Review (GTR).
French President Emmanuel Macron has signalled his support for Total’s US$3.5bn East African Crude Oil Pipeline (EACOP) as France’s biggest banks shun the project. With oil and gas investments falling out of favour in the eyes of investors, the pipeline could well be the continent’s last major foray into fossil fuels. Macron stated the project ...
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