Page 7 - LatAmOil Week 29 2021
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                                            The LNG was delivered to ECA’s existing regasification terminal (Photo: TotalEnergies)

       BP sends first carbon-offset LNG



       cargo to ECA terminal in Mexico






                         BP (UK) has made its first carbon-offset delivery   “Delivering carbon-offset LNG is an impor-
                         of LNG to the Energía Costa Azul (ECA) termi-  tant part of meeting growing global energy
                         nal in Mexico under a contract with two sub-  demand,” she said. “For BP, this is part of con-
                         sidiaries of US-based Sempra Energy – namely,   tinuing to meet growing customer demands for
                         the company’s Mexican arm IEnova and its LNG   new energy solutions that will amplify value for
                         arm Sempra LNG.                      our business. For customers, this means access
                           In a joint statement, BP and Sempra noted   to exciting initiatives that can help them in pur-
                         that the LNG was due to arrive at ECA’s terminal   suing their sustainability strategies by quanti-
                         on July 16. They did not reveal the size or value   fying the carbon intensity associated with the
                         of the cargo but reported that the gas had been   LNG supply from BP’s diverse portfolio of LNG
                         sourced from BP’s global portfolio. (Addition-  sources and then offsetting those emissions.”
                         ally, they specified that BP was delivering the   According to the joint statement, the car-
                         LNG to IEnova’s existing regasification termi-  bon-offset shipment is also in line with Sempra’s
                         nal, not to the gas liquefaction plant now under   decarbonisation plans. The US-based company
                         construction at an adjacent site.)   has said it aims to reduce the GHG emissions
                           BP said it had used its own greenhouse gas   intensity of its existing LNG infrastructure by
                         (GHG) quantification methodology to calcu-  20% on 2020 levels over the next few years and
                         late the volume of carbon dioxide and methane   will set more goals by 2025, as it expands its LNG
                         generated by the LNG shipment, all the way   business.
                         from the wellhead to discharge at the ECA ter-  Justin Bird, the CEO of Sempra LNG, stressed
                         minal. “These estimated emissions will be offset   this point, saying: “We are excited to advance
                         by retiring a corresponding amount of carbon   our goal to lower GHG emission intensity at our
                         credits, sourced from a Mexican afforestation   LNG facilities. Sempra LNG continues to build
                         project from BP’s vetted portfolio of offsets on   a strong business portfolio focused on sustaina-
                         behalf of Sempra LNG,” it explained.  bility and the global energy transition.”
                           The carbon-offset shipment is in line with   For her part, IEnova CEO Tania Ortiz
                         BP’s efforts to meet certain targets for reduc-  expressed satisfaction with the LNG deliv-
                         tions in GHG emissions by 2030 and to bring   ery, saying it would benefit the company. “We
                         net emissions down to zero by 2050, the state-  are pleased to work with Sempra LNG to help
                         ment said.                           deliver the much-needed natural gas to cus-
                           It also stressed that BP did not intend to rely   tomers in Mexico in a sustainable manner,” she
                         on carbon credits to reach its 2030 goals.  commented. “We are always looking for new
                           Sharon Weintraub, BP’s senior vice-president   ways we can create value not only through the
                         for gas and power trading international, indi-  safe and responsible operation of our facilities,
                         cated that the company was ready to make car-  but also by contributing toward the energy tran-
                         bon-offset LNG deliveries to other destinations.   sition.” ™



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