Markets - 03/November/2021

LNG lingers on in Asia

Southeast Asia’s reliance on liquified natural gas is putting the region’s carbon reduction targets in jeopardy. But cost considerations currently outweigh environmental concerns

Some LNG suppliers are touting carbon-neutral cargoes in a bid to boost green credentials of the technology


TRANSITION FUEL LNG is seen as an important bridge for many Southeast Asian economies as they transition away from coal

LONG GOODBYE Suppliers are utilising carbon capture and storage technology in order to increase the sector’s longevity

KEY QUOTE LNG players seem to be promoting their own respective green carbon initiatives with little, if any, ongoing scrutiny over their claims other than buying carbon credits ...

 

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