Utility Tokyo Gas Co. Ltd. has joined forces with 14 other Japanese city gas end-users to form an alliance dedicated to buying and promoting carbon-neutral liquefied natural gas (LNG). 

The Carbon Neutral LNG Buyers Alliance plans to promote awareness for decarbonized cargoes, which, unlike traditional shipments, offsets emissions with credit purchases that fund worldwide environmental and renewable energy projects. Tokyo Gas spearheaded the alliance’s formation. The group also plans to push investment institutions to evaluate carbon-neutral LNG and promote its use throughout Japan.

Japan is the world’s largest LNG importer. The country took in nearly 77 million tons of the super-chilled fuel in 2019, or more than 20% of all global imports, according to the International...