BW Helios has delivered the first carbon-offset LNG to Mexico
The 174,000-m3 LNG carrier delivered the LNG cargo to the Energía Costa Azul terminal in Mexico on 16 July.
SAB de CV (IEnova) entered into a contract for the delivery and receipt of the first carbon offset LNG cargo, sourced from BP’s global LNG portfolio.
IEnova and parent company Sempra LNG are developing bundled carbon offset LNG products to help meet customers’ demand. Sempra LNG has interests in Energía Costa Azul LNG, a 3-mta LNG export facility in Baja California, Mexico. Sempra LNG owns Cameron LNG, the 12-mta LNG export facility in Hackberry, Louisiana.
“We are excited to advance our goal to lower greenhouse gas (GHG) emission intensity at our LNG facilities,” said Sempra LNG chief executive Justin Bird. “Sempra LNG continues to build a strong business portfolio focused on sustainability and the global energy transition.”
CO2 and methane (CH4) emissions associated with the LNG cargo, from wellhead to discharge terminal, will be estimated using BP’s GHG quantification methodology for LNG.
These estimated emissions will be offset by retiring a corresponding amount of carbon credits, sourced from a Mexican afforestation project from BP’s vetted portfolio of offsets on behalf of Sempra LNG.
BP executive vice president trading & shipping Carol Howle said, “Natural gas has a key role to play in getting the world to net zero. This new offer further demonstrates our determination to remain one of the world’s leading and most innovative LNG suppliers. The development and continuous improvement of a clear and reliable methodology for quantifying the carbon intensity of our LNG supply chain is an important step in helping our customers deliver their sustainability goals and supports our ambition to help the world get to net zero.”
Added BP senior vice president gas and trading, international Sharon Weintraub, “Delivering carbon offset LNG is an important part of meeting growing global energy demand. She said offering such cargoes would help buyers “in pursuing their sustainability strategies by quantifying the carbon intensity associated with the LNG supply from BP’s diverse portfolio of LNG sources and then offsetting those emissions.”
Sempra LNG and IEnova are currently constructing liquefaction facilities adjacent to Energía Costa Azul. Although this carbon offset LNG cargo is from BP’s global LNG portfolio, Energía Costa Azul will continue to serve the needs of its existing customers from multiple LNG cargoes each year pursuant to a long-term sales and purchase agreement between BP and its partners in Tangguh LNG and Sempra LNG.
Sempra LNG has established a goal to operate its existing LNG infrastructure at a GHG emissions intensity 20% less than its 2020 baseline and expects to establish additional goals by 2025, as the company continues to grow and bring more projects online.
Delivered by South Korea’s Daewoo Shipbuilding & Marine Engineering in May, BW Helios is a MAN ME-GI-propelled vessel with full reliquefaction systems.
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