Major liquefied natural gas (LNG) players are jumping head first into the energy transition, prompted in part  by governments across the world that are prioritizing carbon neutrality, according to executives who consistently touched on the topic at CERAWeek by IHS Markit.

The world’s three largest LNG importers, China, Japan and South Korea, along with the European Union, have all announced goals for net-zero carbon emissions. 

“It’s key now for the industry to embark on that journey” across the value chain “from the production of the gas, to the liquefaction, to the shipping and also downstream,” said Total SE’s Thomas Maurisse, senior vice president of LNG. 

In the last year alone, the industry has announced a cascade of initiatives aimed at addressing the climate...