French power utility Engie pulls out of U.S. LNG deal | Reuters

PARIS, Nov 3 (Reuters) – French gas and power utility Engie has pulled out of a major U.S. liquefied natural gas (LNG) import deal after government concerns about its environmental implications.

Late last month the French government had asked Engie to hold off from signing the deal with NextDecade Corp amid growing scrutiny of the effects of shale gas extraction methods such as fracking and their impact on climate change through methane emissions.

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