Italy's Intesa Sanpaolo Adds to List of Banks Shunning Papua LNG Project

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Italy's Intesa Sanpaolo Adds to List of Banks Shunning Papua LNG Project

Italy's largest banking group, Intesa Sanpaolo, is the latest in a list of banks unwilling to finance a $10 billion LNG project in Papua New Guinea being developed by France's TotalEnergies, Australia's Santos and the U.S.' Exxon Mobil.