Pavilion, QatarEnergy, Chevron develop LNG carbon emissions methodology

Singapore’s Pavilion Energy, a unit of Temasek, said it has jointly developed with QatarEnergy and Chevron a method to calculate emissions for delivered LNG cargoes.

Pavilion Energy Trading & Supply said in a statement the “SGE Methodology” represents the first such published methodology and it would apply it to LNG supply deals it has with the two producers.

According to Pavilion, the methodology provides a calculation and reporting framework for greenhouse gas (GHG) emissions from wellhead-to-discharge terminal, based on industry standards.

Moreover, a team of technical specialists from the three partners supported by global sustainability consultancy Environmental Resources Management (ERM) developed the methodology.

It aims to create a common standard for the measurement, reporting, and verification of GHG emissions associated with producing and delivering an LNG cargo to drive greater transparency and enable stronger action on GHG reduction measures, the statement said.

Pavilion says independent academic experts, commercial institutions but also verification bodies have reviewed the SGE methodology.

It complements key industry efforts being developed in parallel, specifically the Monitoring, Reporting, Verification (MRV) and GHG Neutral Framework by the International Group of LNG Importers (GIIGNL). GIIGNL has just revealed the new framework in a statement on Wednesday.

Pavilion earlier this year imported what it says was Singapore’s first carbon-neutral LNG cargo.

“We share a common and decisive vision with QatarEnergy and Chevron to advocate for transparency and accuracy of GHG emissions associated with delivered LNG cargoes,” said Alan Heng, interim group CEO of Pavilion.

“The SGE Methodology sets a strong tone for increased accountability of emissions along the LNG value chain, paving the way for more decarbonization strategies towards a lower carbon future,” he said.

- Advertisements -

Most Popular

Samsung Heavy to sue Russia’s Zvezda over LNG carrier contract termination

South Korean shipbuilding giant Samsung Heavy Industries said it will sue Russian shipbuilder Zvezda after the latter decided to...

LNG freight rates, European prices climb

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices increased this week compared...

Excelerate says Bangladesh FSRU to resume ops by end of July

US-based Excelerate Energy expects its FSRU Summit LNG, which serves Bangladesh’s second LNG terminal located offshore Moheshkhali Island in...

More News Like This

Singapore LNG bunkering volumes hit new record

Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port...

Chevron says to complete Wheatstone platform repairs in coming weeks

Chevron’s unit in Australia expects to complete repair activities on the Wheatstone offshore platform, which provides gas to the...

QatarEnergy, ExxonMobil update on Golden Pass LNG work

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the...

Chevron suspends Wheatstone LNG production

Chevron’s unit in Australia has suspended production at its 8.9 mtpa Wheatstone LNG terminal near Onslow to complete a...