Eni to send carbon-neutral LNG to Taiwan
Italian energy company Eni said August 6 it reached an agreement to deliver an LNG cargo to Taiwan that has been certified as carbon neutral.
Eni will send the LNG from the Bontang terminal in Indonesia to CPC Corp in Taiwan via the Yung Ang receiving terminal on the island.
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The Italian company said the LNG cargo would be certified as carbon neutral through the PAS 2060 mechanism, an internationally-recognised standard “that sets out requirements for quantification, reduction and offsetting of greenhouse gas (GHG) emissions for organisations and products.”
Eni described the arrangement as a milestone in its efforts to decarbonise its value chain. The company itself has set an intermediate goal of cutting its own greenhouse gas emissions by 25% by 2030, relative to 2018 levels.
Taiwan, for its part, is shifting away from nuclear energy and sees natural gas as part of a low-carbon future. CPC mandated a 50% share for natural gas for Taiwan’s electricity generation by 2024.
As of January, CPC said its main long-term LNG imports would be sourced from Australia, Qatar and the US.
Eni did not say when the LNG cargo would be delivered.