Cheniere Establishes Methane Emissions Intensity Target for its Liquefaction Assets
Measurement-informed Scope 1 target builds upon Cheniere's climate strategy
Cheniere aims to consistently maintain a Scope 1 annual methane emissions intensity of 0.03% per tonne of liquefied natural gas (LNG) produced across its two
Cheniere’s Quantification, Monitoring, Reporting and Verification (QMRV) projects — including data from approximately 50 aerial measurements of the Company’s operations at its liquefaction facilities performed over a 16-month period — informed the process of establishing the methane target.
“Cheniere’s LNG plays a critical role in meeting the world’s growing need for secure and reliable energy, while supporting the transition to a lower-carbon future,” said
In addition, Cheniere has updated its peer-reviewed LNG life cycle assessment (LCA), originally published in 2021. The new study has been accepted by a top-tier academic journal and is expected to be published soon. The updated LCA finds that in all cases the supply-chain specific GHG emissions intensity of Cheniere’s LNG is lower than those presented in the
Cheniere’s broader climate strategy focuses on a data- and science-based approach to identifying potential emissions reduction opportunities. The Company collaborates with suppliers throughout the LNG value chain, scientific experts, leading academic institutions and customers to inform, understand and improve the characterization of emissions performance and identify potential mitigation measures across the supply chain.
For more information on Cheniere’s Climate and Sustainability strategy and initiatives, visit cheniere.com/our-responsibility/climate
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For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended
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This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third-parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to Cheniere’s capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, share repurchases and execution on the capital allocation plan and (viii) statements relating to our goals, commitments and strategies in relation to environmental matters. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the
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