Inpex to sell carbon-neutral gas to Nihonkai Gas

Inpex Corp and Japanese gas retailer Nihonkai Gas on May 31 said they had entered into a carbon-neutral gas sales and purchase agreement.

As per the deal, Nihonkai Gas will purchase carbon-neutral gas from Inpex for use at its headquarters and affiliated facilities. In addition, Nihonkai Gas plans to begin supplying its commercial and industrial customers with carbon-neutral gas by around summer 2021.

Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. ngc.co.tt

The introduction of carbon-neutral gas will enable Nihonkai Gas to reduce its CO₂ emissions and contribute to the realisation of a carbon-free society and the sustainable growth of communities, the companies said.

Inpex has set goals to achieve its net zero carbon emissions by 2050. The company plans to work closely with city gas business operators to which it supplies wholesale natural gas and implement measures contributing to the reduction of greenhouse gases.

The supplies will be made CO₂ neutral with the use of carbon credits, acquired from projects such as forest conservation that either reduce or avoid CO₂ emissions. These credits will cover the entire value chain of the gas, from production to combustion.