CNX and New Frontier Announce Strategic Partnership to Leverage Abated Methane Emissions to Transform International Travel
The two companies are working towards a path to next generation air travel that is carbon neutral well before the airline industry's 2050 target date.
- The two companies are working towards a path to next generation air travel that is carbon neutral well before the airline industry's 2050 target date.
- CNX's carbon negative methane will be sold to New Frontier Aerospace at a premium to conventional natural gas reflecting its low carbon intensity value.
- The monetary benefit CNX is receiving from NFA for supplying this methane will be used to expand CNX's methane capture program and create more climate benefit in the future.
- As of December 31, 2021, CNX had 9.63 trillion cubic feet equivalent of proved natural gas reserves.