PL.03 LNG’s Role in the Energy Trilemma
Tuesday 11 July 2023
Plenary | East Exhibition Hall A
LNG markets, Energy Security and Decarbonisation , Operations and Best Practice , Commercial Stimulii , Upstream/Midstream Gas Production, Processing, Liquefaction , Shipping, Marine operations and Terminals , Downstream Infrastructure and Applications , Clear Filters - See Full Programme
Sending LNG into emissions-conscious Europe means project owners now have a case to invest more aggressively in emissions reduction measures such as CCUS, electrification, carbon-offsetting, responsible sourcing, and modern propulsion. These measures will help extend the lifespan of the LNG sector well beyond the late 2040s. The challenge is now to make LNG affordable in countries that have just begun their energy transition journey. Will the innovative sector undergo another phase of cost reductions? Can LNG’s cleaner credentials justify lower cost of finance and a price on carbon?