LONDON and NEW
YORK, Oct. 8, 2024 /PRNewswire/ -- MiQ, the
global leader in emissions certification, has today announced
certification of the Grain LNG terminal in the United Kingdom, which is Europe's largest LNG terminal. The
announcement will be made at the BloombergNEF London Summit.
The terminal will further enable US producers to service demand
from EU and UK buyers who want transparency on emissions from their
LNG purchases.
"The certification of Grain LNG provides UK and European natural
gas buyers with additional transparency about the level of
emissions from imported LNG. US exporters can service the demand
for lower emissions LNG by undergoing third-party certification of
their facilities," said Georges Tijbosch, CEO of MiQ. "We
anticipate more facilities in Europe undergoing certification shortly and
expect to see the first certified LNG cargo travel from the US to
Europe before the end of the
year."
Ben Wilson, President of National
Grid Ventures Said: "As a business right at the heart of the UK's
energy system, our customers, partners and consumers all expect the
best possible service from us. As a first mover on methane
emissions, this new accreditation is a testament to that service,
proving that in the case of Grain LNG we are operating a highly
efficient and market-leading site".
Simon Culkin, Managing Director
of Grain LNG said: "At a time when there is rightly increased
scrutiny of all emissions, we're delighted that Grain LNG is the
first port of its kind to receive this accreditation. MiQ's
certification confirms Grain LNG as not only the largest LNG port
in Europe, but world class,
reflected in our diversity of customers, operational excellence and
now methane management".
About MiQ
MiQ is a global leader in methane emissions measurement and
certification. Our mission is to facilitate a rapid reduction in
methane emissions from the oil and gas sector by providing a
credible and transparent certification system that incentivizes
improvements and ensures accountability.
About National Grid Grain LNG
National Grid Grain LNG, a wholly owned subsidiary of National
Grid, owns and operates the UK's first modern LNG importation
terminal, playing an important role in securing UK gas
supply.
Commissioned in July 2005, the
terminal is currently undergoing expansion to be able to provide up
to 33% of the UK's gas demand. LNG – liquified natural gas – is
essentially the gas used in homes and business, which has been
chilled to -161 degrees centigrade to turn it into a transportable
liquid state.
In addition to regassification, Grain LNG offers add-on services
including truck loading bays, reloads, cool-downs and trans
shipments.
About National Grid
National Grid sits at the heart of Britain's energy system, connecting millions
of people and businesses to the energy they use every day. Our
individual companies run the systems and infrastructure that
deliver electricity across the country.
National Grid is pivotal to the energy systems in the UK and the
north-eastern United States. We
aim to serve customers well and efficiently, supporting the
communities in which we operate and making possible the energy
systems of the future.
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SOURCE MiQ