A Cheniere Energy Inc. study of greenhouse gas (GHG) emissions along the company’s LNG supply chain showed a more than 20% drop in GHG emissions than what was found in an earlier government study, the company announced Nov. 12.
Correct estimates of LNG suppliers’ GHG emissions have been important to the overall industry in 2023 and 2024, as the issue frequently comes up in the environmental lawsuits developing LNG facilities face.
According to Houston-based Cheniere, it’s peer-reviewed study used an algorithm modeling natural gas pathways on the supply chain in 2022. The chain includes the basin where the gas was produced, the transmission network and Cheniere’s LNG liquefication facilities on Sabine Pass in Southeast Texas and Corpus Christi, Texas.
Cheniere’s study showed that, in all cases along the supply chain, the 2022 GHG emission intensity level was more than 20% lower than a U.S. Department of Energy National Energy Technology Laboratory study done in 2019.
“This study reinforces the environmental competitiveness of Cheniere’s LNG, while demonstrating the value of direct emissions measurement to better understand the environmental footprint of LNG and identify areas for improvement,” said Jack Fusco, Cheniere’s president and CEO.
Recommended Reading
Expand Energy Announces $500MM Tender Offer for 2026 Notes
2024-11-20 - Expand also issued a conditional notice of redemption for all of its outstanding 8.375% Senior Notes due 2028.
Vistra to Offer Senior Notes for Equity Interest Repayment
2024-11-19 - Vistra Corp. said the proceeds from the offer will be used toward an early payout for the installment purchase of Avenue Capital Management II’s interest in Vistra Vision.
US Energy Secretary Nominee Chris Wright Champions Energy at DUG GAS
2024-11-19 - President-elect Donald Trump's energy secretary nominee Chris Wright championed energy's role in bettering human lives earlier this year on stage at Hart Energy’s DUG GAS Conference and Expo.
Carbon Removal Company Equatic Appoints New CEO
2024-11-18 - Equatic appointed a new CEO in preparation to launch the world’s largest ocean-based carbon removal plant.
Dividends Declared Week of Nov. 11
2024-11-15 - Here is a compilation of dividends declared from select E&Ps in fourth-quarter 2024 during the week of Nov. 11.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.