LNG suppliers are starting to make some serious noise about so-called carbon-neutral LNG cargoes.
Cargoes are marketed as carbon neutral when their greenhouse gas (GHG) emissions for the entire supply chain — expressed in CO2 equivalents (CO2e) — are offset by credits bought from carbon-removal projects.
In her presentation at BP week, Carol Howle, who is the energy giant’s executive vice president for trading and shipping, said the company is working on developing a carbon-neutral LNG offer, which will bundle physical gas with carbon offsets from BP’s own low-carbon production.