Shell Eastern Trading Pte Limited (Shell) has signed a five-year agreement with PetroChina International Co. Ltd. (PCI) for the supply of carbon-neutral LNG. For each cargo delivered under this agreement, PCI and Shell will cooperate to offset life-cycle carbon dioxide equivalent (CO2e) emissions generated across the LNG value chain3, using high-quality carbon credits from nature-based projects.
The carbon credits used to offset life-cycle CO2e emissions generated from the cargo delivered today,...