Shell to ship first carbon-neutral LNG cargo from Oman

The Hague-based energy giant Shell has signed a deal with state-owned producer Oman LNG to ship the first carbon-neutral cargo from the export facility in Qalhat, near Sur.

The cargo would be the “first carbon-neutral LNG from the Middle East using nature-based carbon credits to offset full lifecycle CO2 emissions generated across the LNG value chain,” Oman LNG said in a statement via social media.

The LNG producer did not provide any additional information.

Shell has previously delivered several carbon-neutral shipments in Asia and the latest from the US to Europe.

A Shell spokesperson told LNG Prime in an emailed comment that the firm would deliver the cargo “in the region.” The spokesperson did not provide any additional information.

Oman LNG operates three trains in Qalhat with a total capacity of 10.4 million tonnes per year sourcing gas from the central Oman gas field complex.

Moreover, the government of Oman holds 51% in Oman LNG while Shell has a 30% stake.

Other shareholders include TotalEnergies (5.54%), Korea LNG (5%), Partex (2%), Mitsubishi (2.77%), Mitsui (2.77%) but also Itochu (0.92%).

- Advertisements -

Most Popular

Chevron working to resume full Gorgon LNG production after ‘mechanical fault’

Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG...

MOL’s LNG carrier fleet to grow to 104 vessels by March 2025

Japan's shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels...

Gunvor in Italian small-scale LNG move

Geneva-based energy trader Gunvor has signed a non-binding deal to buy liquefied natural gas from LNEnergy's planned small-scale LNG...

More News Like This

Shell’s Q1 profit drops to $7.73 billion, LNG sales slightly down

LNG giant Shell reported a decrease of 19.8 percent in its adjusted earnings in the first quarter this year,...

Oman LNG delivered 173 cargoes last year, revenue reached $4.9 billion

State-owned Oman LNG delivered 173 cargoes of liquefied natural gas from its Qalhat complex in 2023, down by three...

Mitsui: no decision on Adnoc’s LNG project

Japan's trading house Mitsui & Co said nothing has been decided on an LNG project in the United Arab...

TotalEnergies takes FID on Marsa LNG bunkering project in Oman

French energy giant TotalEnergies has taken a final investment decision on the Marsa LNG bunkering project in Oman. Technip...