Energy major Shell was responsible for over half the carbon offset LNG cargoes secured in 2021 and is increasingly moving to provide offsetting for these through its own projects.
Presenting its LNG Outlook for 2022 and Integrated Gas business update, Shell’s new director for integrated gas, renewables and energy solutions Wael Sawan said the major had contracted about 16 “carbon compensation cargoes” representing more than 50% of the overall market.
