Energy giant bp has delivered carbon-neutral liquefied natural gas (LNG) cargo to Taiwan’s CPC Corporation, its first in the Asia-Pacific region.
The delivery by bp Singapore to the Yung An terminal in Taiwan follows bp’s first delivery globally to Sempra LNG at the Energia Costa Azul terminal in Mexico in July 2021.
The credits that will be retired for the latest carbon offset LNG cargo are from bp’s carbon trading portfolio.
Carbon dioxide and methane emissions associated with the LNG cargo – from wellhead to discharge terminal for the specific source and voyage – were estimated using bp’s greenhouse gas emissions quantification methodology for LNG.
Carol Howle, EVP of bp Trading & Shipping said: “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.
“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.”