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Fitch Solutions Country Risk and Industry Research (a unit of Fitch Group) has just published its outlook for LNG, as outlined below.
Although LNG offers benefits over other fossil fuels, including coal, the LNG market remains one of the highest emitters of carbon globally, on a full lifecycle basis. Despite being labelled as a transition fuel, LNG supply chain remains one of the key emitters of carbon globally. In a report published in 2020, the IEA estimated that the emissions generated from the lifecycle of LNG sourced in various fields in the US and consumed in Germany, India or China lingered at or below 600 CO