On Thursday, India’s Oil Minister Hardeep Singh Puri said that the country would seek carbon emissions data linked to each liquefied natural gas (LNG) cargo.
India is the world’s third-largest greenhouse gases (GHG) emitter while it plans to increase the share of natural gas in its energy mix to 15% by 2030 from the current about 6%, to cut its carbon footprint.
He called for LNG buyers and sellers to work together to create flexible and transparent markets, which offer multiple commercial structures which include flexible, shorter-duration contracts. Suppliers should provide transparent and reliable data on carbon emissions related to each cargo.
