Italy’s SACE to provide insurance coverage for Arctic LNG 2 project financing, ambassador says
The deal should go through — providing an agreement signed by Italy at the COP26 climate talks in Glasgow did not forbid it, a source told Reuters.
November 18, 2021
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ROME — Italy’s export credit agency SACE confirmed insurance coverage for funding of Novatek’s Arctic LNG 2 project by a unit of Italian bank Intesa Sanpaolo and state lender CDP, the Italian Ambassador to Russia Giorgio Starace said on Thursday.
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