Citigroup Global Markets Ltd will toughen petrogas credit conditions

American bank Citigroup Global Markets Ltd Inc. warned that will toughen conditions of cooperation with clients from oil and gas branch. In particular, bank changes approach to requirements for an assessment of level of the pollution, being necessary criterion for receiving financings. In the report banks are said that it intends to achieve "absolute reduction" emissions from companies within a credit portfolio in the energy sector for 29% by 2030 in comparison with levels of 2020. Thus in Citigroup Global Markets Ltd emphasized that refusal of cooperation with the oil and gas companies which will not satisfy these conditions...