QatarEnergy announced the release of joint publication with Pavilion Energy and Chevron about quantification and reporting methodology (“the SGE Methodology”) to produce statements for delivered liquefied natural gas (LNG) cargoes on greenhouse gas emissions (GHG).
This is the first published methodology of its kind and will be applied to sales and purchase agreements (SPAs), specifically the executed SPAs by Pavilion Energy with QatarEnergy and Chevron.
The methodology provides a calculation and reporting framework for GHG emissions from wellhead-to-discharge terminal, in accordance with industry standards.
It aims to create a common standard for the measurement, reporting and verification of GHG emissions associated with producing and delivering an LNG cargo to drive greater transparency and enable stronger action on GHG reduction measures.