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Australia’s Woodside, Trafigura trade world’s first carbon offset condensate cargo Australia’s Woodside Energy and commodity trader Trafigura have traded the world’s first carbon offset condensate cargo, which loaded from Australia’s Pluto LNG terminal in Western Australia, the companies said in a joint statement March 15. The trade comes after several cargoes of carbon neutral LNG and at least one cargo of carbon neutral crude oil have been traded globally, as consumers look to offset the impact of fossil fuels and suppliers rush to establish carbon trading and offsetting mechanisms to meet future demand. Woodside Burrup and its Pluto LNG joint venture participants Kansai Electric Power Australia and Tokyo Gas Pluto delivered their first cargo of carbon offset condensate to independent commodity trading company Trafigura, the statement said.

Japan generalWoodside burrupMark abbotsfordAustralia woodside energySingapore jurong aromatics corpWoodside energyWestern australiaKansai electric power australiaTokyo gas plutoMiddle eastTrans pacific petrochemical indotamaSouth koreaHanwha totalJurong aromaticsNorth west shelfKansai electric