Chevron partners for LNG emissions measurement
SAN RAMON, November 19, 2021 – Chevron has partnered with state-run QatarEnergy and Singapore’s Pavilion Energy Trading & Supply to create a first-ever framework to measure greenhouse gas emissions for LNG cargoes, the American multinational energy company announced on Wednesday.
The methodology will initially be applied to sales and purchase agreements of the three companies but is meant for wide adoption.
Creation of the reporting and verification standard was supported by global sustainability consultancy Environmental Resource Management.
“This methodology is expected to enhance transparency, improve accuracy and build stakeholder confidence in data reliability to help advance net zero ambitions,” said Bruce Niemeyer, vice-president of strategy and sustainability at Chevron.