Alliance for zero-emission LNG transport

GIIGNL launches verification and certification system for “carbon neutral” liquid gas cargoes

On Wednesday, the International Group of Liquefied Natural Gas Importers (GIIGNL) announced the launch of a monitoring, reporting and verification (MRV) system for greenhouse gas emissions related to LNG transportation.
A message informs that the system developed by GIIGNL – made up of 70 companies from around the world, including the Italian Gnl Italia, Eni, Enel and Edison – is an international standard for a verified and consistent quantification of greenhouse gas emissions along the entire LNG value chain, from natural gas extraction to liquefaction, from transportation to regasification and final consumption.
At a time when declaring “carbon neutral” LNG cargoes is increasing, the system creates a transparent practice through an independently verified cargo declaration that establishes both emissions and offsets. GIIGNL, explains the Group’s President Jean Abiteboul, “promotes the elimination of emissions, but when this is not possible, it favors the offsetting of residual emissions that cannot be otherwise reduced or avoided.”
The system, which can be used by all operators to assess the carbon footprint of LNG cargoes, incorporates internationally established standards and methodologies and provides additional criteria for the assessment and reporting of greenhouse gas emissions associated with LNG cargoes.

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18 November 2021 - 15:25 CET