Carbon-neutral status for cargoes can add considerable costs to LNG import
Carbon-neutral LNG poised for revival
The drop in shipments is likely to be temporary
The surge in global gas prices since the winter—exacerbated by Russia’s invasion of Ukraine—has dampened interest in carbon-neutral LNG. But the lull will be temporary as discussions between LNG suppliers and consumers for a greener product accelerate, according to speakers at the recent S&P Global Asia Energy Transition conference. Momentum behind offsetting the emissions of LNG cargoes picked up last year, with sales of at least 16 carbon-neutral shipments, nine of which were between June and August. Last summer also saw the milestone of the LNG industry’s first term contract for carbon-neutral volumes, with a five-year deal signed in July between Shell and Chinese NOC Petrochina. Nort
Also in this section
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
