Shell delivers first carbon-neutral LNG cargo under GIIGNL’s framework

LNG giant Shell has delivered the ‎first carbon-neutral LNG cargo to Taiwan’s CPC Corporation using GIIGNL’s framework for emissions.

Back in 2021, the international group of LNG importers, GIIGNL, launched a new framework for emissions reporting.

The Monitoring, Reporting, and Verification (MRV) and GHG (Greenhouse Gas) Neutral Framework is part of a collective industry movement to account for and reduce GHG emissions associated with LNG.

GIIGNL announced in a statement on January 24 the delivery of the first carbon-neutral LNG cargo based on this framework.

Also, Shell delivered this cargo from the giant Gorgon LNG plant in Australia to CPC’s Yung-An LNG import facility in Taiwan.

According to GIIGNL, the framework creates a transparent practice to declare GHG neutral cargoes through an independently verified cargo statement which sets out both emissions and offsets.

In line with the framework’s requirement for a claim of “GHG neutral LNG”, Shell has quantified the GHG footprint of this LNG cargo on the full life-cycle in accordance with ISO 14067:2018 requirements and guidelines for quantification, as well as meeting the international standard PAS2060:2014, it said.

“This pilot shipment has helped us to learn about how best to use this comprehensive tool for increasing transparency and accuracy in quantifying and reporting emissions associated with LNG cargoes,” Steve Hill, Shell’s EVP energy marketing, said in the statement.

“We are very grateful to our long-term partner CPC Corporation, Taiwan for their interest and collaboration in this pilot phase. We are working with other partners on developing our understanding on adopting it,” he said.

This is not the first such shipment for Shell as it previously delivered carbon-neutral LNG cargoes to its customers.

In July 2021, the firm signed what it says is the world’s first term contract for carbon-neutral LNG with a unit of PetroChina.

Most Popular

Shell’s LNG Canada achieves first LNG

LNG giant Shell has started production at the first liquefaction train at its LNG Canada export terminal in Kitimat, an LNG Canada spokesperson told LNG Prime on Sunday.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

Golar progresses FLNG growth plans

Golar LNG said it had signed a final engineering study to confirm EPC price and delivery for a 5 mtpa MKIII FLNG.

More News Like This

Shell’s LNG Canada achieves first LNG

LNG giant Shell has started production at the first liquefaction train at its LNG Canada export terminal in Kitimat, an LNG Canada spokesperson told LNG Prime on Sunday.

Shell’s LNG Canada nears first LNG

LNG giant Shell is nearing the launch of the first liquefaction train at its LNG Canada export terminal in Kitimat.

Taiwan’s LNG imports continue to rise

Taiwan's monthly imports of liquefied natural gas (LNG) continued to increase in May, according to customs data.

Shell takes FID on Aphrodite project to supply Trinidad’s Atlantic LNG

A unit of UK-based LNG giant Shell has taken the final investment decision for the development of the Aphrodite gas field to supply Trinidad and Tobago’s Atlantic LNG export plant.