Cheniere Announces Publication of Updated Peer-Reviewed LNG Life Cycle Assessment
12 Noviembre 2024 - 7:00AM
Business Wire
Gas-pathing algorithm and further integration
of measurement data improve supply chain-specific tracking of
greenhouse gas emissions
Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE: LNG)
today announced the publication of an updated life cycle assessment
(LCA) study for greenhouse gas (GHG) emissions intensities of the
Company's liquefied natural gas (LNG). This peer-reviewed study
includes a novel gas-pathing algorithm that further improves the
modeling of GHG emissions across Cheniere's supply chain, utilizing
actual operational data. The study also leverages the Company’s
multi-year Quantification, Monitoring, Reporting and Verification
(QMRV) program by integrating measurement data from the Company’s
facilities and collaborations with natural gas producers, midstream
providers, shippers and experts at leading academic
institutions.
The enhanced study has been published in the American Chemical
Society’s Sustainable Chemistry & Engineering Journal, and it
builds upon Cheniere’s first LCA study, published in 2021.
The updated study deploys an algorithm that models natural gas
pathways throughout Cheniere’s supply chain in 2022, from the
natural gas production basin, through the transmission network, to
the Company’s Sabine Pass and Corpus Christi liquefaction
facilities in the Gulf Coast region, utilizing data on gas
purchases, transportation capacity and gas flows. This analysis
enhances the understanding of supply chain emissions and improves
the quality of GHG emissions intensity estimates for Cheniere’s
LNG.
The study models cases with conventional emissions inventory
inputs and measurement data. It finds in all cases that the 2022
GHG emissions intensity of Cheniere’s delivered LNG is lower than
those presented in the U.S. Department of Energy’s National Energy
Technology Laboratory (NETL) 2019 study. By incorporating emissions
measurement data from across the supply chain into the LCA, the
study finds the emissions intensities of Cheniere’s LNG, when used
in importing countries for power generation, are 20-28% lower than
the NETL study. The study also finds that integration of
measurement data into LCAs is critical to accurately characterize
the differences in GHG emissions from natural gas supply
chains.
“This study reinforces the environmental competitiveness of
Cheniere’s LNG, while demonstrating the value of direct emissions
measurement to better understand the environmental footprint of LNG
and identify areas for improvement,” said Jack Fusco, Cheniere’s
President and Chief Executive Officer. “We are charting a path
forward with concrete data, science and actions to ensure LNG and
natural gas continue to play a role in the global transition to a
lower-carbon future for decades to come.”
The updated study is co-authored by individuals from the
University of Texas at Austin’s Energy Emissions Modeling and Data
Lab, Queen Mary University of London’s School of Engineering and
Materials Science, Colorado School of Mines’ Payne Institute for
Public Policy, Rystad Energy, KeyLogic Systems and Cheniere.
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of
liquefied natural gas (“LNG”) in the United States, reliably
providing a clean, secure, and affordable solution to the growing
global need for natural gas. Cheniere is a full-service LNG
provider, with capabilities that include gas procurement and
transportation, liquefaction, vessel chartering, and LNG delivery.
Cheniere has one of the largest liquefaction platforms in the
world, consisting of the Sabine Pass liquefaction facility,
wholly-owned by its subsidiary Cheniere Energy Partners, L.P.
(NYSE: CQP), and the Corpus Christi liquefaction facility, each on
the U.S. Gulf Coast with total combined production capacity of
approximately 45 million tonnes per annum (“mtpa”) of LNG in
operation and an additional 10+ mtpa of expected production
capacity under construction. Cheniere is also pursuing liquefaction
expansion opportunities and other projects along the LNG value
chain. Cheniere is headquartered in Houston, Texas, and has
additional offices in London, Singapore, Beijing, Tokyo, and
Washington, D.C.
For additional information, please refer to the Cheniere website
at www.cheniere.com and Quarterly Report on Form 10-Q for the
quarter ended September 30, 2024, filed with the Securities and
Exchange Commission.
Forward-Looking Statements
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 Securities and Exchange Commission. You should
not place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Other than as
required under the securities laws, Cheniere does not assume a duty
to update these forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20241111631715/en/
Cheniere Energy, Inc. Investors Randy Bhatia, 713-375-5479
Frances Smith, 713-375-5753 Media Relations Eben Burnham-Snyder,
713-375-5764 Bernardo Fallas, 713-375-5593
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