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    BP delivers 1st carbon offset LNG cargo to Taiwan's CPC

Summary

This is BP’s first delivery of carbon offset LNG in the Asia-Pacific region, following its ‎first delivery globally to Sempra LNG in ‎July 2021.

by: Shardul Sharma

Posted in:

Complimentary, NGW News Alert, Natural Gas & LNG News, Asia/Oceania

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.

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.