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bp delivers its first carbon offset LNG cargo in Asia-Pacific

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bp Singapore has announced it has delivered its ‎first carbon offset liquefied natural gas (LNG) cargo to the Yung An terminal in Taiwan.
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.
This new carbon offset LNG offer strengthens bp’s natural gas offering in ‎the region.‎
Carbon dioxide (CO2) and methane (CH4) emissions associated with the LNG cargo, ‎from wellhead to discharge terminal for the specific source and voyage, were ‎estimated using bp’s GHG quantification methodology for LNG.
Global demand for LNG is growing rapidly. bp intends to continue supporting this ‎growth by diversifying its offer, including by developing bundled carbon offset LNG ‎products to meet customers’ demand.
Carol Howle, EVP of bp trading & shipping, said: “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.
“The ‎development of a clear and reliable methodology for quantifying the carbon intensity ‎of our LNG supply chain 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, VP of LNG trading and origination, bp trading & 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.”‎