LatAmOil: Carbon-offset LNG cargo arrives in Mexico

BP (UK) has made its first carbon-offset delivery of LNG to the Energía Costa Azul (ECA) terminal in Mexico under a contract with two subsidiaries 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. BP said it had used its own greenhouse gas (GHG) quantification methodology to calculate the volume of carbon dioxide and methane generated by the LNG shipment, all the way from the wellhead to discharge at the ECA terminal. “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,” it explained.