Editorial comment
As always, the news coming from the LNG industry has been varied.
From the use of LNG as fuel, bunkering operations, and time charter agreements, to sale and purchase agreements, LNG cargos being delivered at terminals, and bio-LNG plants being constructed, the variety of news just goes to show all the different ways in which LNG is – and is starting to be – utilised.
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Like usual, the topic of decarbonisation comes up. Pavilion Energy has recently taken delivery of its first LNG cargo paired with a Statement of Greenhouse Gas Emissions (SGE) from QatarEnergy at the Singapore LNG Terminal. The SGE is a verified statement of greenhouse gas (GHG) emissions associated with producing and delivering an LNG cargo from wellhead to discharge terminal.1
This methodolgy was jointly published by Pavilion Energy, QatarEnergy, and Chevron and seeks to become a common standard to measure, report, and verify GHG emissions along the LNG value chain. Since its publication in 2021, the methodology has been applied on six delivered LNG cargos.
Many of our articles in this issue touch upon the importance of awareness surrounding emissions in the LNG industry. PETRONAS’ article highlights strategies for decarbonising the LNG value chain, focusing on leveraging renewabe energy to power liquefaction plants, the role of digitalisation, and recovering boil-off gas (BOG) and vapour return to produce LNG. In addition, TGE Marine looks at why the right BOG management system choice can play a crucial role in helping LNG-powered vessels improve their efficiency and environmental friendliness. Moreover, Stirling Cryogenics outlines the benefits of using biomethane and bio-LNG as alternative fuels, while AVEVA discusses how digital twins can aid with decarbonisation. And this is just to name a few. A large majority of the articles in this issue of LNG Industry touch upon the topic of decarbonisation in one way or another.
This focus is also a key point of discussion for the upcoming edition of LNG2023 in Vancouver. One of the key conference themes includes ‘Fuelling a cleaner future’, which will cover topics such as emissions reduction and ‘green’ LNG.2
Initially due to take place in Russia, the event is now being held in Vancouver, Canada. As McKinsey’s regional report outlines (starting on p.12), Canada is in a promising position to capitalise on the LNG market and become a major LNG exporter. The country’s rich natural gas reserves and proximity to Asia on the West Coast offers Canada a good starting point. However, with only one export facility project under construction out of 18 proposed projects, there are a variety of challenges Canada needs to overcome in order to achieve this.
You can pick up a copy of this June issue at LNG2023 in Vancouver in July. And make sure to keep an eye out for our North American supplement, which includes a regional report on North America, keynotes on recent trends and developments in the region, and a number of project case studies providing insight into current and proposed LNG projects across the US, Canada, and Mexico! You can also stop by booth 2425 to learn about the available editorial and advertising opportunities with LNG Industry for the rest of 2023, and into 2024.
- ‘Singapore Receives its First SGe Methodology-Certified LNG Cargo’, Pavilion Energy, (16 May 2023), www.pavilionenergy.com/en/media/Singapore-Receives-its-First-SGE-Methodology-Certified-LNG-Cargo
- ‘Programme Overview: Fuelling a Secure Energy Future’, LNG2023, www.lng2023.org/lng-programme-overview
