World Scope

Astomos Energy (AE) has signed an agreement to purchase a Very Large Gas Carrier (VLGC) shipment of carbon-neutral liquefied petroleum gas (LPG) from Shell International Eastern Trading Company (SIETCO). In this agreement, credits from SIETCO’s global portfolio of nature-based projects will be used to offset lifecycle CO_2e emissions generated across the value chain from production to consumption (combustion), including transportation. Nature-based projects protect, transform or restore land and enable nature to add oxygen and absorb CO_2e emissions from the atmosphere. Under the agreement, each carbon offset is subject to a third-party verification process and represents the avoidance or removal of one tonne of CO_2e.