EXCLUSIVE Major gas supplier Qatar Energy plans 'green' bonds -sources | Reuters
Qatar Energy, one of the world's top liquefied natural gas (LNG) suppliers, is working on a plan to reinvent itself as environmentally responsible for investors via a framework that will pave the way for it to sell "green" bonds in a deal likely to be worth several billion dollars, three sources with knowledge of the matter said.
Qatar Energy is working on establishing an Environmental, Social and Governance (ESG) framework that would allow it to issue green bonds - debt earmarked for environmentally friendly uses, the sources said.
If completed, it would be the first sale of green bonds by a national oil company in the hydrocarbon-rich Gulf.
A consultancy is working on the framework and QE sent a request for proposals to banks about two weeks ago, one of the sources said, without naming the consulting firm.
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