Carbon Neutral Cargo to Korea

RWE Shipped a Carbon-Neutral LNG Cargo to Korean Steelmaker Posco

The cargo was delivered to the Gwangyang terminal in South Korea, the companies reported on March 26. Its emissions from wellhead to delivery were offset by retiring carbon credits, known as verified emissions reductions certificates, which are issued to various projects that capture or avoid CO2 emissions and are verified by third parties. The CO2 emissions intensity relating to the LNG cargo to Korea was calculated using the Wood Mackenzie LNG emissions tool. RWE said it could now provide all its customers with the option to offset emissions from the LNG they receive.