Emissions and the role for LNG in Asia’s sustainable development

Gas and LNG will be critical to meeting energy demand and ensuring economic growth in Asia can be realised. Gas burns cleaner than other fossil fuels and can improve Asia’s air pollution problems. It also has significantly lower full life cycle emissions than coal. However, gas and LNG are coming under scrutiny as stakeholders look to measure, compare and understand its environmental impact. An example of this is the European Investment Bank's new energy lending policy which will rule out financing to most natural gas projects. Given this growing scrutiny, companies are looking at various approaches to how the emissions intensity of LNG can be reduced. This presentation was made at the 2019 Wood Mackenzie Energy & Commodities Summit – Capitalising on Asia’s Energy Transition on Tuesday 12th November 2019 in Singapore. At the Summit, we set out our vision for the energy transition, examined opportunities for companies involved and assessed the main issues shaping markets across Asia.