BP Singapore has delivered its first carbon offset LNG cargo in the Asia-Pacific region to CPC Corporation, the oil and gas major confirmed today (6th September).
Delivered to the Yung An terminal in Taiwan, the LNG offering strengthens BP’s offering in the region and meets the growing demand for LNG.
The company said it wants to continue supplying the market.
“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, Executive Vice-President of BP Trading and Shipping.
“The development of a clear and reliable methodology for quantifying the carbon intensity of our LNG supply chain and is an important step in helping our customers deliver their sustainability goals and supports our ambition to help the world get to net zero.”
Jonty Shepard, Vice-President of LNG Trading and Origination at BP Trading and Shipping, added, “BP continuously seeks ways to offer new energy solutions to LNG customers.”
“BP is pleased to strengthen our long-standing relationship with CPC with this delivery of carbon offset LNG from BP’s diverse portfolio of LNG sources, quantifying the carbon intensity associated with the LNG supply from wellhead to discharge terminal and then offsetting those emissions.”