LNG in World Markets: Carbon Neutral LNG Offerings Emerge as Competitive Advantage
LNG in World Markets
August 2020
LNG sellers are preparing proposals for carbon-neutral LNG supply as more buyers are committing to additional environmental and sustainability measures. These buyers are said to be keen to work with LNG sellers that have the best carbon emissions management, while sellers that do not have the capability might be excluded from further discussions.
The sellers are either investing directly to produce offset credits or offering to be the intermediary for the buyers
looking to identify credible projects. The capability to provide carbon emissions management for LNG buyers would
also become a revenue stream for the LNG sellers. Sellers are offering buyers a service that ensures sufficient carbon
offset credits are provided for the tenor of the LNG supply contract and that these are verified as being of the highest
quality, permanent and of benefit to local communities.
