Shell, PetroChina ink world’s 1st term contract for carbon-neutral LNG

[ad_1] Shell Eastern Trading Pte Limited (Shell) has signed a five-year agreement with PetroChina International Co. Ltd. (PCI) for the supply of carbon-neutral LNG, Report informs, citing Shell. For each cargo delivered under this agreement, PCI and Shell will cooperate to offset life-cycle carbon dioxide equivalent (CO2e) emissions generated across the LNG value chain, using… Continue reading Shell, PetroChina ink world’s 1st term contract for carbon-neutral LNG

India to increase LNG share in gas consumption to 70%

[ad_1] The share of liquefied natural gas (LNG) in India’s gas consumption could rise to 70 percent from the current 50 percent in 10 years, and new import terminals are needed, Report informs, referring to Reuters. Indian Prime Minister Narendra Modi has set a target to raise the share of natural gas in the country’s… Continue reading India to increase LNG share in gas consumption to 70%