BP delivers 1st carbon offset LNG cargo to Taiwan's CPC
BP has delivered its first carbon offset LNG cargo to Taiwanese utility CPC Corporation, it said on September 6. The cargo was received at the Yung An terminal this month and was sourced from BP’s LNG portfolio.
This is 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 2021.
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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 quantification methodology for LNG, BP said.
The methodology has been developed in line with international standards and incorporating input from third-party experts including the Wood Mackenzie LNG Carbon Emissions Tool, and may be updated from time to time, BP added.
“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,” said Carol Howle, vice president for trading & shipping at BP.