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Total delivers first carbon neutral LNG cargo to China

Photo: Total Media total.jpg
French oil major Total has delivered its first shipment of carbon neutral LNG to China National Offshore Oil Corp (CNOOC).

The loading operation was carried out at the Ichthys liquefaction plant in Australia, with the shipment delivered on 29 September to Dapeng terminal in China.

“The 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,” said Laurent Vivier, president for gas at Total.

“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,” Vivier added.

Total said the carbon footprint of the LNG shipment was offset with Verified Carbon Standards (VCS) emissions certificates financing two projects: Hebei Guyuan Wind Power Project in China and Kariba REDD+ Forest Protection Project in Zimbabwe.

Total pointed out that it is the second largest global LNG stakeholder in the private industry with an overall portfolio of nearly 50m tonnes a year by 2025 and a worldwide market share of 10%.

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