The low carbon LNG market is evolving. Buyers and sellers of LNG are looking for new ways to accurately account for GHG emissions associated with the production of the LNG and its delivery.
Market players are developing various emissions accounting structures with the hope that they become a widely accepted industry standard, enabling a liquid trading market to develop in the future.
We are supporting clients as they seek to ensure that GHG emissions associated with the production of the LNG and its delivery is tracked. We work with our clients to develop new methodologies to enable the accurate reporting of the carbon footprint of cargoes to a buyer. This is a step toward markets where the carbon footprint of products is known and accounted for by all parties.
- IFLR Europe Deal of the Year: Restructuring award 2022
World’s first LNG sale and purchase agreement with carbon neutral ambitions
Energy transition newsletter: Issue 4
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EU scales up green subsidies: How to benefit from support for clean investments
On February 6, 2024 the Council of the EU and the European Parliament agreed a provisional version of the Net-Zero Industry Act (NZIA), which is now expected to be formally adopted by the end of April 2024.
Projects team represents debt providers for NextDecade LNG’s Rio Grande LNG Project
A cross-border team represented the debt providers in the US$12.3bn financing for NextDecade’s Rio Grande LNG export terminal.
Cross-border team advises on first-of-its-kind parallel restructuring
A cross-border team advised a committee of secured creditors on the first-of-its-kind restructuring of international shipping company Vroon, which completed on June 12, 2023.
IJGlobal Awards 2022 recognizes outstanding year for firm’s energy, infrastructure and resources practice
Norton Rose Fulbright has been named ‘Global Legal Adviser of the Year’ at the IJGlobal Awards 2022.
Cross-border team advises on financing of Codelco water supply project
Global law firm Norton Rose Fulbright has advised a consortium, consisting of Marubeni Corporation and Transelec, on the development and financing of an independent water plant (IWP) in Chile.
Cross-border team advises APICORP on MENA’s first Islamic facility for voluntary carbon offsets
Global law firm Norton Rose Fulbright has advised The Arab Petroleum Investments Corporation (APICORP) on the MENA region’s first Islamic facility for voluntary carbon offsets.
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