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You will find in this section the latest public news regarding the liquefied natural gas market, regulation and innovations. Please type any keyword in the search box and /or use the  ”area”, “topic” and “date” filters to refine your search. Feel free to submit your news to GIIGNL using the contact form.

 

March 9, 2021

Establishment of a carbon neutral LNG buyers alliance

Tokyo Gas and 14 other Japanese companies from different sectors have established the Carbon Neutral LNG (CNL) Buyers Alliance. Tokyo Gas is committed to supply LNG with offset well-to-wheel greenhouse gas emissions via carbon credits to the remaining companies. Tokyo Gas, which started importing carbon neutral LNG since 2019, became the first company in Japan to supply carbon neutral city gas to its customers.

Edited from Tokyo Gas press release

 

March 8, 2021

Pavilion Energy signs 6-year carbon tracked LNG SPA with Chevron

Pavilion Energy signed a 6-year LNG SPA with Chevron for about 0.5 MTPA of LNG supplied to Singapore from 2023. Each cargo supplied under the agreement will be accompanied by a statement of its greenhouse gas emissions measured from wellhead to discharge port.

Edited from Pavilion Energy press release

 

March 8, 2021

First carbon neutral LNG cargo delivered in Europe

The first carbon neutral LNG cargo in Europe was delivered at the Dragon LNG terminal (UK) by Shell Global LNG Limited from Gazprom. Nature-based carbon credits have been used to offset full lifecycle emissions (including methane) from the exploration & production to the end-use. Each carbon credit is subject to a third-party verification process and represents the avoidance or removal of 1 tonne of CO2.

Edited from Shell press release

 

March 1, 2021

Vitol launches Green LNG offering

With the goal to mitigate carbon emissions, Vitol started offering a Green LNG product to its LNG customers. All LNG customers will be offered the opportunity of converting LNG cargoes to Green LNG through offsets. The emissions associated with LNG cargoes, from wellhead to DES delivery, will be offset through the Verified Emissions Reductions (VER) carbon offset certificates sourced from Vitol’s existing portfolio and the wider market. These certificates will be issued by UN Clean Development Mechanism, Verified Carbon Standard (VERRA), Gold Standard, American Carbon Registry, China Green House Gas Voluntary Emission Reduction Programme or Climate Action Reserve.

Edited from Vitol press release

 

February 22, 2021

Damietta resumes operations

Following the agreement reached in December 2020 between Eni, the Arab Republic of Egypt, the Egyptian General Petroleum Corporation, EGAS and Naturgy, the Damietta liquefaction plant in Egypt resumed operations. The first LNG cargo, after the 5 MTPA terminal was shut down in 2012, was lifted on 21 February 2021.

Edited from Eni press release

 

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