Page 11 - GLNG Week 29 2021
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GLNG                                           AMERICAS                                               GLNG


       BP sends first




       carbon-offset



       LNG cargo to ECA



       terminal in Mexico





        ENERGY           BP (UK) has made its first carbon-offset delivery
        TRANSITION       of LNG to the Energía Costa Azul (ECA) termi-
                         nal in Mexico under a contract with two subsid-
                         iaries of US-based Sempra Energy – namely, the
                         company’s Mexican arm IEnova and its LNG
                         arm Sempra LNG.
                           In a joint statement, BP and Sempra noted
                         that the LNG was due to arrive at ECA’s terminal
                         on July 16. They did not reveal the size or value
                         of the cargo but reported that the gas had been
                         sourced from BP’s global portfolio. (Addition-
                         ally, they specified that BP was delivering the
                         LNG to IEnova’s existing regasification termi-
                         nal, not to the gas liquefaction plant now under
                         construction at an adjacent site.)   to help lower GHG emsisions. “Natural gas has
                           BP said it had used its own greenhouse gas  a key role to play in getting the world to net zero.
                         (GHG) quantification methodology to calculate  This new offer further demonstrates our deter-
                         the volume of carbon dioxide and methane gen-  mination to remain one of the world’s leading
                         erated by the LNG shipment, all the way from  and most innovative LNG suppliers,” she said.
                         the wellhead to discharge at the ECA terminal.  “The development and continuous improve-
                         “These estimated emissions will be offset by  ment of a clear and reliable methodology for
                         retiring a corresponding amount of carbon cred-  quantifying the carbon intensity of our LNG
                         its, sourced from a Mexican afforestation project  supply chain is an important step in helping our
                         from BP’s vetted portfolio of offsets on behalf of  customers deliver their sustainability goals and
                         Sempra LNG,” it explained.           supports our ambition to help the world get to
                           The carbon-offset shipment is in line with  net zero.”
                         BP’s efforts to meet certain targets for reduc-  According to the joint statement, the car-
       The carbon-offset   tions in GHG emissions by 2030 and to bring net  bon-offset shipment is also in line with Sempra’s
                         emissions down to zero by 2050, the statement  decarbonisation plans. The US-based company
        shipment is in   said. It also stressed that BP did not intend to rely  has said it aims to reduce the GHG emissions
         line with BP’s   on carbon credits to reach its 2030 goals.  intensity of its existing LNG infrastructure by
                           Sharon Weintraub, BP’s senior vice-president  20% on 2020 levels over the next few years and
        efforts to meet   for gas and power trading international, indi-  will set more goals by 2025, as it expands its LNG
                                                              business.
                         cated that the company was ready to make car-
        certain targets   bon-offset LNG deliveries to other destinations.   Justin Bird, the CEO of Sempra LNG, stressed
                         “Delivering carbon-offset LNG is an important  this point, saying: “We are excited to advance
       for reductions in   part of meeting growing global energy demand,”  our goal to lower GHG emission intensity at our
       GHG emissions by   she said. “For BP, this is part of continuing to  LNG facilities. Sempra LNG continues to build a
                         meet growing customer demands for new energy  strong business portfolio focused on sustainabil-
            2030.        solutions that will amplify value for our business.  ity and the global energy transition.”
                         For customers, this means access to exciting ini-
                                                                For her part, IEnova CEO Tania Ortiz
                         tiatives that can help them in pursuing their sus-  expressed satisfaction with the LNG deliv-
                         tainability strategies by quantifying the carbon  ery, saying it would benefit the company. “We
                         intensity associated with the LNG supply from  are pleased to work with Sempra LNG to help
                         BP’s diverse portfolio of LNG sources and then  deliver the much-needed natural gas to custom-
                         offsetting those emissions.”         ers in Mexico in a sustainable manner,” she com-
                           Meanwhile, Carol Howle, BP’s executive  mented. “We are always looking for new ways we
                         vice-president for trading and shipping, said that  can create value not only through the safe and
                         the LNG delivery to ECA had highlighted the  responsible operation of our facilities, but also
                         ways in which the company can use natural gas  by contributing toward the energy transition.”™



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