Russia's Sakhalin Energy to provide carbon neutral LNG to Japan's Toho
Russia's Sakhalin Energy will deliver a carbon-neutral cargo of liquefied natural gas (LNG) to Japan's Toho Gas in October, the companies said on Tuesday, as they announced “ their intention of a strategic partnership” in decarbonisation.
The partnership will begin with the delivery of the first carbon neutral/offset LNG cargo from the Sakhalin-2 project. Sakhalin is a pacific island that wants to become carbon neutral by 2025.
“The company’s decarbonisation initiatives are complex measures within production processes that will result in the delivery of the first carbon neutral LNG at the Sakhalin-2 project. Sakhalin Energy will continue moving in this direction, developing cooperation with the buyers in the Asia-Pacific, who place a big focus on the range of environmental issues”, said Roman Dashkov, Chief Executive Officer of Sakhalin Energy.
Carbon-neutral LNG is a nature based outcome by offsetting the carbon emissions from the LNG supply chain.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More renewables news

Green Investors Are Finding Bargains in Trump’s Big Oil Era

UK Carbon Futures Jump on Talk About Link With EU Market

RWE Slashes Green Spending by €10 Billion as US Risks Grow

China Accelerates Grid Spending to Absorb Deluge of Solar Power

Australian Pensions Wary of US Energy Assets Under Trump

How BYD’s Five-Minute Charges Compare With Competitors

Net Zero by 2050 Is ‘Impossible,’ UK Tory Leader Badenoch Says

Al Gore Venture Gets Investment From Calstrs, Microsoft

Key Permit for New Jersey Wind Farm Trump Opposes Is Voided
