Carbon-neutral status for cargoes can add considerable costs to LNG import
Carbon-neutral LNG poised for revival
The drop in shipments is likely to be temporary
The surge in global gas prices since the winter—exacerbated by Russia’s invasion of Ukraine—has dampened interest in carbon-neutral LNG. But the lull will be temporary as discussions between LNG suppliers and consumers for a greener product accelerate, according to speakers at the recent S&P Global Asia Energy Transition conference. Momentum behind offsetting the emissions of LNG cargoes picked up last year, with sales of at least 16 carbon-neutral shipments, nine of which were between June and August. Last summer also saw the milestone of the LNG industry’s first term contract for carbon-neutral volumes, with a five-year deal signed in July between Shell and Chinese NOC Petrochina. Nort
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
