Taiwan’s CPC Corp receives carbon offset LNG cargo from BP

Taiwan’s CPC Corp receives carbon offset LNG cargo from BP

Business Developments & Projects

BP Singapore, a unit of the UK-based oil and gas major BP, has delivered its ‎first carbon offset LNG cargo in the Asia-Pacific region to Taiwan’s energy player CPC Corporation.

Illustration only; Courtesy of CPC Corp
Taiwan’s CPC Corp receives carbon offset LNG cargo from BP
Illustration only; Courtesy of CPC Corp

BP Singapore supplied the cargo to the Yung-An terminal in Taiwan.

CO2 and CH4 (methane) emissions associated with the LNG cargo were ‎estimated using BP’s GHG quantification methodology for LNG.

BP says the new carbon offset LNG strengthens its offering in ‎the region.‎ Indeed, this marks the company’s first delivery of carbon offset LNG in the Asia-Pacific.

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“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, EVP trading & shipping.

To remind, CPC Corp has previously received carbon-neutral LNG cargos from Shell and Eni as well.

Moreover, this follows BP’s ‎first delivery to Sempra LNG’s Mexico terminal in ‎July.