EQT Joins MiQ, Uniper in Pilot to Demonstrate LNG Supply Chain Emissions Reporting

Partnership to Develop Transparent and Accurate Reporting System to Drive Decarbonization Efforts in LNG Industry

MiQ, Uniper, and EQT Corporation have announced a partnership to pilot a new system for reporting emissions across the liquefied natural gas (LNG) supply chain. The project aims to create a more transparent and accurate way to measure and report greenhouse gas (GHG) emissions associated with LNG production, transportation, and use.

The pilot project will focus on developing a standardized methodology for calculating and reporting emissions across the LNG supply chain. This will include emissions from upstream production and processing, transportation, and downstream combustion. The partners will use MiQ's digital platform to collect and analyze data from multiple sources, including sensor data, satellite imagery, and third-party reports.

The project is supported by funding from the Norwegian Research Council and the European Union's Horizon 2020 program. It is expected to be completed by the end of 2023.

The LNG industry is facing increasing pressure to reduce its GHG emissions. The European Union has set a target of reducing emissions by 55% by 2030, and the International Maritime Organization (IMO) has adopted a target of reducing emissions from international shipping by 50% by 2050.

The development of a transparent and accurate emissions reporting system is essential for the LNG industry to meet these targets. The project led by MiQ, Uniper, and EQT is a significant step towards achieving this goal.

Key Benefits of the Pilot Project:

• Improved transparency and accuracy of emissions reporting
• Standardized methodology for calculating and reporting emissions
• Support for the LNG industry's decarbonization efforts
• Collaboration between key players in the LNG supply chain