Sempra LNG set to receive carbon neutral cargo at ECA
Sempra LNG, on behalf of BP Gas Marketing (BPGM) and IEnova, said July 15 the three had entered into a contract for the delivery and receipt of their first carbon-offset LNG cargo.
The cargo, sourced from BP’s global LNG portfolio, is expected to arrive at Sempra LNG’s Energia Costa Azul (ECA) import and regas terminal in Mexico on July 16.
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“We are excited to advance our goal to lower GHG emission intensity at our LNG facilities,” Sempra LNG CEO Justin Bird said. “Sempra LNG continues to build a strong business portfolio focused on sustainability and the global energy transition.”
CO2 and methane emissions associated with the cargo, from wellhead to the discharge terminal, will be assessed using BP’s greenhouse gas (GHG) quantification methodology for LNG. The estimated emissions will then be offset on behalf of Sempra LNG by retiring a corresponding amount of carbon credits sourced from a Mexican afforestation project that is part of BP’s vetted portfolio of offsets.
“Natural gas has a key role to play in getting the world to net zero,” said Carol Howle, BP’s executive vice president, trading & shipping. “This new offer further demonstrates our determination to remain one of the world’s leading and most innovative LNG suppliers.”