LNG producers will aim to cut their carbon footprint

Significance

The companies use carbon offsets in a bid to sustain demand in the face of rising concern about methane emissions, evolving sustainability criteria, the adoption of carbon net-zero targets and a decline in public sector funding for LNG supply chain infrastructure. They are also seeking to reduce the greenhouse gas (GHG) impact of their operations.

Impacts

• Downstream LNG infrastructure projects will find it more difficult to raise public and private finance.
• Carbon-neutral LNG deliveries will make a negligible contribution to limiting climate change.
• The adoption of carbon capture and storage to cut emissions from LNG liquefaction will offer insights for other sectors.