Trade in green LNG is growing
LNG sector in push for emissions transparency
New industry framework promotes best practice for emissions accounting and use of offsets as trade in green LNG cargoes grows
Twenty of the world’s biggest LNG importers and exporters have backed a new set of guidelines designed to boost transparency in the industry’s emissions reporting process and the use of carbon offsets, as the trade in so-called ‘green LNG’ cargoes gathers pace. The GHG Neutral LNG Framework, published this week by the France-based International Group of Liquefied Natural Gas importers (GIIGNL), aims to “facilitate the calculation of an LNG Cargo GHG footprint that genuinely reflects its climate impact”. The framework promotes best practice principles and the use of consistent accounting for CO₂ and methane emissions. It also sets out a number of optional declaration pathways for partial or f
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