MiQ certifies Grain LNG import terminal
MiQ, a leading provider of emissions certification, said October 8 it had certified National Grid’s Grain LNG terminal in the UK, Europe’s largest LNG import facility.
The certification will enable US producers to service demand from EU and UK buyers who want transparency on emissions from their LNG purchases, MiQ CEO Georges Tibosch said. The certification will be announced by MiQ October 9 at the BloombergNEF London Summit.
“The certification of Grain LNG provides UK and European natural gas buyers with additional transparency about the level of emissions from imported LNG,” he said. “US exporters can service the demand for lower emissions LNG by undergoing third-party certification of their facilities.”
The certification of Grain LNG follows the announcement last month of a pilot transaction involving European energy trader Uniper, US natural gas producer EQT and MiQ to move 4bn ft3 of certified natural gas as LNG to the European market. Tibosch said that transaction, and the Grain LNG certification, will help ensure LNG exports to Europe meet the EU’s new regulations.
“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,” Tibosch said.