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Total delivers its first carbon neutral LNG cargo
Total has delivered its first shipment of carbon neutral LNG to the Chinese National Offshore Oil Corporation (CNOOC). The loading operation was carried out at the Ichthys liquefaction plant in Australia, and the shipment was delivered to the Dapeng terminal, China.
‘This first LNG shipment whose carbon emissions have been offset throughout the value chain represents a new step as we seek to support our customers towards carbon neutrality,’ explains Laurent Vivier, President for Gas at Total. ‘The development of LNG is essential to meet the growth in global demand for energy while reducing the carbon intensity of the energy products consumed.’
The carbon footprint of the LNG shipment was offset with VCS (verified carbon standards) emissions certificates financing two projects – the Hebei Guyuan wind power project, which aims to reduce emissions from coal-based power generation in northern China; and the Kariba REDD+ forest protection project, which aims to protect Zimbabwe's forests.
News Item details
Journal title: Petroleum Review
Subjects: Liquefied natural gas, LNG markets, Carbon emissions, Carbon dioxide, Net zero
