Carbon neutral LNG: Is it real or it is just hyperbole? – 19 Jul 2021

Of the 14 carbon-neutral LNG cargoes5 that have been transparently traded, Shell supplied six from its global portfolio of LNG. Of the rest, Total and JERA each sold one, with the former from the Ichthys Field in Australia’s Browse Basin and the latter sourced from gas across Abu Dhabi’s onshore and offshore associated and non-associated fields. The remaining six included a range of participants.

All but two of the 14 cargoes were purchased by Asian buyers for delivery to China, India, Japan, Korea, and Taiwan, with two cargoes purchased by Shell for delivery to Europe, with one from Gazprom and the other from Cheniere Energy

Carbon-neutral LNG may constitute a tiny share of the LNG market now, but the trade holds the potential

But the problem is are these cargoes really carbon neutral?