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Singapore's Pavilion Energy seeks industry standard for green LNG [Reuters]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: Reuters
Singapore's Pavilion Energy seeks industry standard for green LNG SINGAPORE (Reuters) - Singapore’s Pavilion Energy is asking potential liquefied natural gas (LNG) suppliers to help develop an industry standard for the superchilled fuel’s total greenhouse gas emissions, as it looks for new gas deliveries from 2023. One of two companies approved to import LNG into Singapore, Pavilion also urged sellers to outline their carbon mitigation efforts as it aims to eventually make its purchases carbon neutral. While LNG is typically considered a cleaner fuel than coal or oil, there is no accepted industry standard for measuring the emissions from producing and transporting the fuel, which needs to be cooled to minus 162 degrees Celsius. “We believe that the attractiveness of natural gas as a transition fuel must be reinforced by a better understanding and then reduction of its carbon footprint,” Pavilion group chief executive Frederic Barnaud said in an emailed statement to Reuters. Owned by Show less Read more
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