Other LNG marketers have offered to provide a full accounting of cargoes' emissions, as seen in Chevron's six-year supply deal with Singapore's Pavilion Energy that was signed in February. Some LNG sellers, such as Shell and Eni, have offered carbon-neutral LNG, or LNG cargoes accompanied by carbon offset credits. LNG importers in Europe and Asia have increasingly been paying attention to the environmental footprint of the cargoes they acquire.Įngie's decision to end negotiations to import US LNG from NextDecade because of pushback from environmental activists in November 2020 sent shock waves through the industry, spurring on market efforts to discover what a "greener" LNG cargo would look like. "We know the buyers of LNG wanted to be certified RSG. "We know that Haynesville gas goes into the LNG complex," Wichterich said. "The Haynesville is the right place to be," Chesapeake interim CEO Michael Wichterich said during the Aug.
Around 25-30% of Vine's production will have its infrastructure outfitted with Project Canary's Canary X continuous emissions monitoring devices, according to Vine Energy's Aug. 2, Vine announced a partnership with Colorado-based continuous monitoring and certification firm, Project Canary, to certify the company's entire production to Project Canary's Trustwell standard starting in November 2021. Vine Energy had also set its own RSG certification initiative in motion prior to the acquisition. While a standardized definition for RSG has yet to emerge, certification focuses on lower methane intensity as a key metric.Ĭhesapeake announced plans in mid-July to work with MiQ and Equitable Origin to certify the company's Haynesville gas production by the end of 2021. In the company's second-quarter earnings call, Chesapeake executives highlighted what they see as a key synergy: the Haynesville's proximity to Gulf Coast LNG export facilities and the company's plans to certify its gas production in the basin as "responsibly sourced gas," or RSG. Receive daily email alerts, subscriber notes & personalize your experience.
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