The Russia-based Sakhalin-2 project – operated by Sakhalin Energy, a company owned by Gazprom, Shell, Mitsui and Mitsubishi – has delivered its first carbon neutral/offset liquefied natural gas (LNG) cargo to Japan.
Arriving at the Chita Terminal, Aichi Prefecture, the cargo is to be sold by Japanese company Toho Gas to its customers.
The purchase by Toho Gas reflects Japan’s drive for its industry to achieve carbon neutrality by 2050.
Commenting on the sale, Roman Dashkov, CEO, Sakhalin Energy, said, “Successful cooperation with Asia-Pacific customers and Sakhalin Energy’s work on decarbonising the entire LNG chain from production to final usage of end-users allows Sakhalin to bring gas supplies to Japan to the next stage.”
The sale is hoped to ‘significantly impact’ the operation of the leading oil and gas companies, eventually leading to a stronger climate agenda, according to Alexey Knizhnikov, Head of the Responsible Industry Programme at the World Wildlife Fund (WWF).
“It is important that the company is not limited only to offset projects, but more actively develop initiatives leading to a reduction in emissions,” he added.
To offset its carbon emissions, Sakhalin Energy purchased carbon credits from shareholder affiliates, Gazprom Marketing & Trading Ltd.