bp delivers LNG cargo in Mexico
bpGM, Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (“IEnova”), today announced that they have entered into a contract for the delivery and receipt of the companies’ first carbon offset Liquefied Natural Gas (“LNG”) cargo. The cargo is expected to be delivered to the Energía Costa Azul (ECA) terminal in Mexico on July 16, 2021 and it will be sourced from bp’s global LNG portfolio.
Global demand for natural gas and LNG is expected to continue to grow. IEnova and Sempra LNG each intend to continue supporting this growth by diversifying their offerings, including developing bundled carbon offset LNG products to help meet customers’ demand.
Carbon dioxide (CO2) and methane (CH4) emissions associated with the LNG cargo, from wellhead to discharge terminal, will be estimated using bp’s GHG quantification methodology for LNG. The methodology has been developed following relevant international standards and may be updated from time to time.
These estimated emissions will be offset by retiring a corresponding amount of carbon credits, sourced from a Mexican afforestation project from bp’s vetted portfolio of offsets on behalf of Sempra LNG.
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