Pavilion, Qatar and Chevron team up on LNG climate reporting methodology

Pavilion, Qatar and Chevron team up on LNG climate reporting methodology

Singapore’s Pavilion Energy, QatarEnergy, and Chevron (NYSE:CVX), have jointly published a quantification and reporting methodology to produce a statement of greenhouse gas emissions for delivered liquefied natural gas (LNG) cargoes.

“This is the first such published methodology that will be applied to sales and purchase agreements (SPAs), specifically the executed SPAs by Pavilion Energy with QatarEnergy and Chevron. Intended for wide adoption, the methodology provides a calculation and reporting framework for greenhouse gas emissions from wellhead-to-discharge terminal, based on industry standards,” Pavilion said in a statement yesterday.

The Methodology was developed by a team of technical specialists representing Pavilion Energy, QatarEnergy and Chevron, supported by global sustainability consultancy Environmental Resources Management (ERM). It aims to create a common standard for the measurement, reporting and verification of greenhouse gas emissions associated with producing and delivering an LNG cargo to drive greater transparency and enable stronger action on GHG reduction measures, said the trio.