“There are, for the moment, not so many carbon-neutral shipments throughout the world, so we are also taking our first steps,” the head of the LNG section of Gazprom Export, Pavel Sedov, said at a presentation staged by Shell on prospects for the LNG market.
“I am hoping that in the near future, we will make our first completely carbon-neutral cargo of liquefied natural gas to Europe. This would be quite an accomplishment and a first step on the road to building a more carbon-oriented profile for gas products.”
Gazprom shipped more than 7 million tonnes of LNG in 2020 and is hoping to “more than double” its level of LNG trading by 2025. The company’s global operations are committed to that goal, but Sedov said most of the growth will be linked with development of the gas processing project at Ust-Luga (13 million tonnes) on the Gulf of Finland, west of St Petersburg,
“We also intend to take part in a series of smaller LNG projects which will help meet demand in the region,” Sedov said. “But, unfortunately, in 2020 due to circumstances of force majeure, many such projects were delayed. This will be a major factor In assessing the details of new proposals, including small regional projects.”