Inpex carbon offsets
Sept 1 (LNGJ) - Inpex Corp, the Japanese energy company and operator of the Ichthys LNG export plant at Bladin Point, said it signed a firm supply agreement with Iruma Gas, the utility in Iruma City in east-central Honshu, for LNG cargoes with carbon offsets. Iruma Gas supplies domestic gas to Iruma residents who with four neighbouring cities signed a joint declaration in February 2021 to support lower carbon aims.
Inpex has been working closely with city-gas operators in Japan to supply wholesale natural gas at a higher price because of a self-imposed carbon tax. The LNG volumes to be supplied to Iruma Gas were not disclosed. “The neutrality of the natural gas to be supplied through this agreement is based on carbon credits certified by a credible certifier as deriving from carbon-dioxide reduction efforts at forest conservation projects, etc. based around the world where greenhouse-gas emissions have been offset throughout the entire value chain process from development to combustion,” explained Inpex.
