Carbon-neutral LNG in Japan: Drivers and Perspectives

In 2019, a new phenomenon – so-called “carbon-neutral liquified natural gas” (LNG) – was introduced into gas markets. It originated from two shipments delivered by Shell in June 2019 to the Japanese utility Tokyo Gas and a Korean energy company, GS Energy. The only difference from common deliveries of LNG was that the emissions of the supplied shipments were compensated with carbon offsets from nature-based projects.