Centrica Energy And Seneca Resources Company Sign First-of-Its-Kind Long-Term MiQ Methane Emissions Certificates Agreement
The title of this post, is the same as that of this press release from Centrica.
This is the sub-heading.
Centrica Energy and Seneca Resources Company are proud to announce a groundbreaking agreement, marking the first long-term deal of its kind to support independently verified methane emissions from an MiQ-certified US natural gas producer, helping to underpin reductions over time. This ten-year agreement underscores the commitment of Centrica and Seneca to support global efforts to reduce methane emissions.
This first paragraph added more detail.
Centrica Energy sources and delivers gas and LNG globally, including LNG shipped from the US to international markets. Under the terms of the agreement, Centrica will procure 250,000 MMBtu per day of MiQ-certified gas certificates over the next ten years, a strategic move that positions Centrica at the forefront of methane reduction initiatives, aligns with emerging regulatory requirements, and reinforces leadership in sustainable energy practices.
MiQ is new to me, so here is what the press release says about MiQ.
MiQ is a global leader in methane emissions certification and data. Our mission is to accelerate the transition to lower emissions gas by providing a credible and transparent certification system that drives regulatory compliance, incentivizes continuous improvement, and ensures methane accountability in the oil and gas sector throughout the entire supply chain.
It appears to me that MiQ-certified low-emissions gas is almost like an equivalent of FairTrade coffee.
If the UK buys its gas as MiQ-certified low-emissions gas, it could claim, that it has cut its gas emissions.
Google AI On Low-Emission Natural Gas
I asked its view and received this answer.
Low-emission natural gas refers to methane-based energy with significantly reduced greenhouse gas, methane leakage, and particulate emissions, often achieved through enhanced extraction, certification, or blending with cleaner gases. It offers up to 40% less (CO2) than coal and 20-30% less than oil, serving as a critical transition fuel to support renewable energy.
low-emission natural gas would seem to be a sensible way to go.
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