Eni agrees to send carbon neutral LNG cargo to Taiwan CPC

2021-11-22 08:50:33 By : Mr. Eric Eric

The carbon-neutral liquefied natural gas cargo will be transported to the Yongan receiving station in Taiwan.

Italy-based Eni has agreed to deliver carbon-neutral LNG cargoes to Taiwan’s state-owned energy company CPC.

According to the agreement, the company will deliver the LNG at the Yongan receiving terminal in Taiwan after purchasing LNG from the Bontang LNG terminal in Indonesia.

Eni said in a statement: “The overall greenhouse gas (GHG) emissions related to the entire value chain of LNG cargoes, including natural gas production, transmission, liquefaction, transportation, regasification, distribution and end use, will pass through the exit High-quality nature-based credit."

The statement added that the goods to be delivered will be certified as carbon neutral in accordance with the internationally recognized "PAS 2060" standard.

Eni described the deal as a "milestone deal" because it seeks to advance its decarbonization strategy.

Its goal is to achieve complete carbon neutrality in its products and operations by 2050.

In the short term, Eni plans to reduce net life cycle greenhouse gas emissions (scope 1, 2, 3) by 25% by 2030 compared to 2018 levels.

Headquartered in Rome, Eni is a multinational oil and gas company with operations in approximately 68 countries.

Last month, the company announced its second-quarter results. Due to strong crude oil prices, the company returned to profitability.

The company's adjusted net profit for the three-month period ending June 2021 was 929 million euros, compared with an adjusted net loss of 714 million euros in the same period last year.

Eni and its partners also recently discovered oil in Block 10 offshore Mexico. The discovery is expected to have 15 to 200 million barrels of oil equivalent. Related company Detail Design Inc. High-quality ground and subsea equipment for offshore sites ABLE Instruments & Controls Oil and gas measurement/control solutions Every Communications / SatellitePhoneStore.com Satellite voice and data communication solutions covering the world Detail Design Inc. . High-Quality ground and subsea equipment for offshore sites August 28, 2020 Visit Introduction ABLE Instruments & Controls Oil and Gas Measurement/Control Solutions August 28, 2020 Visit Introduction When Communications / SatellitePhoneStore.com covers the world Satellite Voice and Data Communication Solutions Visit Introduction on August 28, 2020

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