Sustainability

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Our Environment

LNG is considered a key transitional fuel as the world moves toward green renewable energy. LNG has a smaller footprint than other fossil fuels, minimizing environmental impact. The Patented LNG extraction technology eliminates flaring, premature capping, as well as eliminates the need for water use. Our “all in one factory” unit reduces clean-up costs by cleaning up abandoned oil wells.

We believe the best green technologies make an immediate impact and make life easier and greener for our customers.

LNG as an Alternative

LNG is viewed as a cleaner alternative to fuel oil and coal. We provide a range of green energy products and solutions for a more liveable, cost-effective, climate-positive future. Akashic technologies offer alternative fuel source that can be utilized as the world transitions to cleaner gases and renewable energy technologies that have far lower emissions profiles than natural gas.

How much cleaner is LNG?

Presently, LNG is the cleanest-burning fossil fuel. Increased use of LNG can significantly improve local air quality as well as reduce carbon dioxide (CO2) emissions.

LNG releases 40% less CO2 than coal

20% less CO2 than fuel oil

Dramatically reduces nitrogen oxide emissions

Does not emit soot, dust or fumes

Produces insignificant amounts of sulfur dioxide, mercury, and other particulates compared to other fuels.

Environmental Concerns and Energy Efficiency

LNG emits much fewer pollutants than other competing fossil fuels and coal. Converting to liquefied natural gas (LNG) fuelling helps the province meet its greenhouse gas emissions reduction goals and helps improve air quality in the communities you serve. Natural gas burns cleaner than gasoline or diesel, which can result in less pollution and greenhouse gases. Carbon dioxide (CO2) emissions, the principal greenhouse gas that contributes to global warming, are reduced by up to 30 per cent. LNG emits virtually no particulate matter, the harmful microscopic component of air pollution that penetrates deeply into the lungs - an important factor in some decisions to use LNG for power generation.

LNG is smart & cost-effective

LNG isn’t just beneficial for our global environment—it’s a smart investment for your business as well. LNG’s volume has been reduced to 1/600th of its un-liquified state, making it easier to contain, store and transport. LNG also weighs less than one-half as much as water, so it is not only lighter, but it also floats on top of the water, making it easier to skim off the top in the unlikely event of leaks or spillage.

LNG plays a critical role in your renewable energy mix

LNG offers flexible addition to your operation’s renewable energy mix. By incorporating LNG into your operation’s energy mix, you can continue to produce electricity when wind or solar resources fluctuate, providing essential power when you need it, while still limiting carbon dioxide emissions. This makes LNG an affordable, flexible solution for meeting carbon emission standards in states with even the strictest regulations.

Application

Progress in reducing gas flaring worldwide resumed in 2022, with volumes flared falling by 5 billion cubic meters (bcm) to 139 bcm, the lowest level since 2010.

The top nine flaring countries continue to be responsible for the vast majority of flaring.

As many countries shifted away from importing Russian oil and gas in 2022, there has not been a noticeable increase in Russian flaring.

Last year, gas flaring released an estimated 357 million tonnes of carbon dioxide equivalents (CO2e), of which 42 million tonnes CO2e was in the form of methane.

This Reduction is equivalent to taking three million cars off the road.

Source: Global Gas Flaring Tracker Report, March 2023. World Bank / IBRD – IDA

Environmental & Economic Value

Estimates of lost boil-off gas volumes are from 1% to 5% of overall facility throughput.

Each HRU can recover approximately 5 million Cubic Feet (MMCFT) of boil-off/flare gas and re-liquefy it back into LNG and ready for transport.

Preliminary estimates suggest we can deploy between up to 80 HRU systems, liquefying a total of 2.3 to 2.7 million tons of LNG per annum.

Conservative calculations suggest a total capacity of 9.3 million tonnes of flare gas capacity (116,370 tonnes per unit annually)

We’ve created a financial breakdown for 10 Hydrocarbon Recovery Unit (HRU) system to illustrate likely economic benefits

Environmental Benefits of U.S. LNG Internationally

The ICF study did a study back in 2017 which looked at cases in Germany, China and India, and found that using U.S. LNG or imported pipelined gas for electricity generation produces on average 50.5 percent lower GHG emissions than electricity from coal in all base case scenarios studied — this includes carbon emissions from the fuel combustion itself, as well as carbon dioxide, methane, nitrous oxide and other GHGs emitted during the construction and operation of all related fuel supply chain and power plant infrastructure. This provides a clear picture of life-cycle emissions for natural gas powered electricity and demonstrates the importance of natural gas for achieving global emissions reductions particularly in Europe and Asia, where many countries have not yet transitioned power generation away from coal. In China, coal still makes up 66 percent of power generation — in India, it’s 74 percent, and also in Germany it also remains stubbornly high — nearly 30 percent. Coal generation in the U.S. has fallen from roughly 50 percent in 2005 to 24 percent in 2019, while natural gas generation has increased from 19 percent to nearly 40 percent in the same period. Transitioning to natural gas is a viable, affordable and realistic path for countries to continue meeting growing energy needs while slashing emissions and reducing the risks of climate change.

Source: API.org

Environmental footprint of natural gas in European and Asian market

The National Energy Technology Laboratory (NETL) analyzed and compared the greenhouse gas (GHG) emissions of exported U.S. LNG over its full life cycle with the life cycle emissions of regional coal or gas used for electricity in European and Asian markets. NETL’s life cycle analysis concluded that GHG emissions from U.S. LNG exports for power production in European and Asian markets compare favorably to the use of regional coal.

In Europe, the global warming potential* (GWP) of power generated from:
- Imports of U.S. LNG — GWP is 23% – 56% less than regional coal over the full life cycle.
In Asia, the GWP of power generated from:
- Imports of U.S. LNG — GWP is 21%-54% less than regional coal over the full life cycle.

GHG Emissions from Imported U.S. LNG

Compare Favorably to Regional Coal & Natural Gas in Europe and Asia

Source: Life Cycle GHG Perspective on Exporting Liquefied Natural Gas from the United States: 2019 Update, Exhibit 6-6 “100-yr GWP Comparison of Coal and Natural Gas Power in Europe and Asia”