Sustainable Growth in Global LNG Industry
Key Ideas
- Anne-Sophie Corbeau discusses the growth of the global LNG industry and the need for low-carbon LNG production.
- The importance of EU's methane emissions regulations on LNG contracts is emphasized.
- Strategies to incentivize hydrogen sector offtake are explored.
- Demand for low-carbon ammonia from natural gas is increasing.
In a recent episode of the Energy Connects podcast, Anne-Sophie Corbeau, a Global Research Scholar at the Center on Global Energy Policy at Columbia University, highlighted the current growth trend in the global LNG industry. She stressed the urgency for the industry to accelerate the adoption of low-carbon LNG to ensure a more sustainable and resilient value chain. Anne-Sophie also pointed out the significance of the EU's new methane emissions regulations, which are expected to impact both new and existing LNG contracts. Furthermore, she discussed ways to encourage the offtake of hydrogen within the sector and shed light on the rising demand for low-carbon ammonia derived from natural gas. The conversation underscored the industry's efforts to align with environmental goals and transition towards cleaner energy sources.