Japan's Astomos Energy buys carbon-neutral LPG cargo from Shell
6/11/2021
Astomos Energy has agreed to buy a cargo of LPG with offset carbon emissions from Royal Dutch Shell.
The purchase of carbon neutral LPG cargo at the scale of the Very Large Gas Carriers (VLGC) is believed to be the world's first case, Astomos said in a statement.
The move comes as carbon reduction targets tighten around the world and global gas producers step up to offer cleaner supplies as more buyers commit to environmental targets.
Shell will use carbon credits from its nature-based projects to offset lifecycle CO2 emissions generated across the value chain from production to consumption, including transportation, Astomos said.
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