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Chevron Company has introduced that its subsidiary, Chevron U.S.A. Inc. (Singapore Department) (Chevron), has safely delivered its first cargo of offset-paired LNG cargo.
Greenhouse fuel (GHG) emissions for the cargo, from the Gorgon Challenge off the northwest coast of Western Australia, can be totally offset by way of the retirement of high-quality nature-based and power effectivity offsets in Cambodia, Indonesia, and Nepal.
“Chevron’s first full lifecycle emissions offset cargo advances our web zero ambitions and represents a major milestone in Chevron’s relationship with CPC Company, Taiwan,” mentioned John Kuehn, President of Chevron Provide and Buying and selling, a division of Chevron U.S.A. Inc.
“We share the view that the way forward for power is decrease carbon and anticipate this offset-paired cargo to be the primary of many as we leverage our capabilities, property, and buyer relationships to ship power options to a rising world.”
For this cargo, Chevron’s Scope 1 and a couple of emissions (emissions from upstream manufacturing, transportation, liquefaction, and delivery) had been calculated primarily based on methodology collectively developed by Chevron, Pavilion Power Buying and selling & Provide Pte. Ltd and QatarEnergy in 2021, with Scope 3 emissions calculated primarily based on PACE World report for regas and distribution and IPCC 2006 emission issue for combustion.
The emissions can be totally offset by way of the give up of Verra licensed offsets, specifically the Katingan Peatland restoration and conservation mission in Indonesia, the Southern Cardamom REDD+ mission in Cambodia, and the power environment friendly cooking resolution in Nepal.
Learn the article on-line at: https://www.lngindustry.com/lng-shipping/30092022/chevron-delivers-first-offset-paired-lng-cargo/
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