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PETRONAS names main solutions to decarbonize

Green Economy Materials 27 March 2024 12:52 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, March 27. Shamsairi Ibrahim, Vice President of LNG Marketing & Trading at PETRONAS, emphasized the company's unwavering commitment to environmental sustainability across the LNG value chain, Trend reports via the International Gas Union (IGU).

He noted that PETRONAS is deeply committed to minimizing the carbon footprint throughout every stage of the LNG value chain – from exploration, production, and to transportation and delivery.

“Our efforts encompass a range of projects and partnerships aimed at ensuring that LNG remains as an environmentally responsible energy.

As a pioneer in Floating Liquefied Natural Gas (FLNG), we envision a future where FLNG facilities will play a game-changing role in transforming the energy landscape. In fact, in bringing to life our commitment to achieve our ambition of Net Zero Carbon Emissions (NZCE) by 2050, we have embarked on one of the world’s largest Carbon Capture and Storage (CCS) projects at the Kasawari gas field in Sarawak. It is expected to come online by 2026 with a target to reduce carbon dioxide volume emitted via flaring by 3.3 million metric tonnes per annum (MTPA) of CO2 equivalent, making it one of the largest offshore CCS projects in the world,” added Shamsairi Ibrahim.

The vice-president went on to add that other pathways that the company has embarked on to reduce the carbon footprint across our integrated LNG value chain include:

Electrification of plants and implementing zero flaring at assets to reduce the carbon footprint of our LNG production process;

Upgrading LNG vessels with Hull Performance Solution Technology, leading to an annual reduction of approximately 18,000 tonnes of CO2 emissions in the shipping of LNG.

“We remain steadfast in our pursuit of sustainable LNG production, setting benchmarks, and embracing innovations that echo our environmental stewardship in every facet of our LNG value chain. These initiatives showcase our firm commitment to realizing a future with cleaner energy, reflecting our dedication to achieving environmental sustainability and energy security for nations across the globe,” he added.

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