Energy & Science
Russia’s Biggest LNG Producer Joins Race to Make Fuel Greener
- Novatek exploring investment opportunities to reduce emissions
- Green LNG tenders are expanding, but add premium to price
A gas flare burns at Novatek’s Yamal LNG plant in Sabetta, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Russia’s biggest liquefied natural gas producer joined the race to make sales of the fastest growing fossil fuel as clean as possible.
Buyers from Singapore to Europe are increasingly demanding to know exactly how dirty the gas is and the scale of the emissions it produces on its journey from wells to the end user. There is also mounting pressure from investors concerned by a lack of progress among the biggest energy companies to curb pollution.