Abstract

This paper explores the low-carbon transition of Greenfield gas projects in emerging energy markets, emphasizing their critical role in bridging the gap between traditional and renewable energy systems. The theoretical framework highlights principles such as decarbonization and establishing sustainable energy systems. Key strategies are outlined, including the adoption of advanced technologies like carbon capture and hydrogen integration, supportive policy and regulatory frameworks, and innovative economic incentives. Challenges such as technical gaps, financial constraints, and weak governance are discussed alongside opportunities for innovation, market growth, and international collaboration. The findings underscore stakeholder coordination's importance in addressing these challenges and leveraging opportunities, offering actionable recommendations for policymakers, industry leaders, and investors. By integrating sustainability into project designs and operations, Greenfield gas projects can support energy access, economic development, and global climate goals, positioning emerging markets as leaders in the energy transition.