Coastal Bend LNG has partnered with Envana to tokenize the well-to-water carbon intensity of its liquified natural gas (LNG), utilizing Envana’s Catalyst platform in alignment with the international Oil & Gas Methane Partnership 2.0 (OGMP 2.0) framework.
Envana’s Catalyst platform is designed to link every metric ton of LNG to a transparent, auditable greenhouse gas (GHG) emissions profile. This profile spans the entire natural gas value chain, encompassing upstream and midstream gas suppliers, liquefaction, overseas shipping, and carbon capture and storage (CCS). The foundation of this capability is Envana’s lifecycle carbon accounting, robust data management system, and specialized expertise in both emissions and the energy value chain.
Envana’s data management capabilities incorporate artificial intelligence (AI) to facilitate the seamless ingestion, analysis, and organization of environmental, operational, and other contextual data from various sources throughout Coastal Bend LNG’s operations and supply chain. AI also supports Envana’s analysis and reporting for customers, regulators, and auditors, ensuring alignment with globally recognized voluntary frameworks such as OGMP 2.0. This accurate quantification of spatial and temporal variations in carbon intensity across the LNG supply chain establishes a science-based foundation for generating high-integrity utility tokens.
These tokens leverage blockchain technology to provide end-to-end provenance, immutability, security, and auditability for full-cycle carbon management. Buyers of Coastal Bend’s LNG can utilize these tokens for monetization, compliance, registration, and ESG purposes, either individually or in combination, based on their specific requirements.
Nick Flores, CEO of Coastal Bend LNG, stated, “This partnership reflects growing expectations for product-level disclosure and technical verification to meet end-market regulations. With Envana, Coastal Bend LNG will have the tools to deliver verifiable, high-integrity emissions data at scale while maintaining alignment with evolving global frameworks.”
Mark Bashforth, President of Envana, commented, “By integrating OGMP 2.0 reporting at the liquefaction facility and with natural gas suppliers, Coastal Bend LNG will establish a new benchmark for carbon data management across the entire natural gas supply chain.”
Coastal Bend LNG is a privately held energy infrastructure development company focused on redefining LNG production through integrated carbon capture and storage to deliver low-carbon American energy globally. More information is available at www.coastalbendlng.com.
Envana provides carbon management software to energy and industrial companies worldwide. Its platform supports source-level measurement, asset-level inventory, carbon token management, and lifecycle reporting across the value chain. Envana operates as a joint venture between Halliburton and Siguler Guff, a multi-strategy private markets investment firm with over $17 billion of assets under management. Further details can be found at www.envana.com.
