Total has delivered its first shipment of carbon-neutral [1] liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC).
The loading operation was carried out at the Ichthys liquefaction plant in Australia, and the shipment was delivered on 29 September to the Dapeng terminal, China.
President for Gas at Total, Laurent Vivier, said the first LNG shipment, whose carbon emissions have been offset throughout the value chain, represents a new step for the company, with the aim to support 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,” Mr Vivier said.
The carbon footprint of the LNG shipment was offset with Verified Carbon Standards (VCS) emissions certificates financing two projects: the Hebei Guyuan Wind Power Project, which aims to reduce emissions from coal-based power generation in northern China, and the Kariba REDD+ Forest Protection Project, which aims to protect Zimbabwe’s forests.
[1] The term ‘carbon neutral’ indicates that Total and CNOOC have offset the amount of carbon dioxide equivalent associated with the whole carbon footprint of the LNG Cargo (including the production, liquefaction, shipping, regasification, and end-use) through VCS certified emission reduction projects.