BP delivers carbon offset LNG cargo to Taiwan’s CPC

A unit of energy giant BP said it has delivered its ‎first carbon offset LNG cargo to Taiwan’s CPC Corporation.

BP Singapore supplied the shipment to the Yung-An terminal in Taiwan in September, BP said in a statement on Monday.

Prior to this cargo, Taiwan’s CPC received carbon-neutral LNG shipments from Shell and Eni.

On the other side, this marks BP’s first delivery of carbon offset LNG in the Asia-Pacific region, following its ‎first delivery globally to Sempra LNG at the Energia Costa Azul terminal in Mexico in ‎July, it said.

Also, this new carbon offset LNG offer strengthens BP’s natural gas offering in ‎the region.‎

Carbon dioxide (CO2) and methane (CH4) emissions associated with the LNG cargo, ‎from wellhead to discharge terminal for the specific source and voyage, were ‎estimated using BP’s GHG quantification methodology for LNG.

BP said this methodology has ‎been developed having regard to relevant international standards and incorporating ‎input from third party experts including the Wood Mackenzie LNG carbon emissions ‎tool.

The firm did not provide any additional information on the shipment.

“Natural gas has a key role to play in ‎getting the world to net zero. This new offer further demonstrates our determination ‎to remain one of the world’s leading and most innovative LNG suppliers,” Carol Howle, BP’s EVP trading and shipping, said.

“The ‎development of a clear and reliable methodology for quantifying the carbon intensity ‎of our LNG supply chain is an important step in helping our customers deliver their ‎sustainability goals and supports our ambition to help the world get to net zero,” Howle said.

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