Total delivers its first shipment of carbon-neutral LNG to China
French oil and gas company Total said Thursday it had shipped its first shipment to the Chinese National Offshore Oil Corporation (CNOOC) of carbon-neutral liquefied natural gas (LNG).
Total clarified that the LNG shipment's carbon footprint was offset by VCS emission certificates (Verified Carbon Standards) funding two projects.
The two projects are the Hebei Guyuan Wind Power Project, which aims to minimize coal-based power generation pollution in northern China, and the Kariba REDD+ Forest Protection Project, which aims to protect the forests of Zimbabwe.
The LNG loading process took place at the Ichthys liquefaction plant in Australia and the shipment was shipped to the Dapeng port, China, on 29 September.
“We are proud to have completed this first shipment of carbon-neutral LNG with CNOOC, a long-standing partner of Total. This first LNG shipment, whose carbon emissions have been offset throughout the value chain, represents a new step as we seek to support our customers towards carbon neutrality. The development of LNG is essential to meet the growth in global demand for energy while reducing the carbon intensity of the energy products consumed," Laurent Vivier, President for Gas at Total stated.
Maritime Business World