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Trafigura sells first carbon-offset naphtha cargo


Trafigura sells first carbon-offset naphtha cargo
4/26/2021
Trafigura sold the first cargo of naphtha, a refined oil product used in plastics, for which the carbon emissions from production to delivery were offset.
The move reflects a growing trend among oil and gas firms to market their products as cleaner and to secure a future for the fossil fuel industry amid an accelerating energy transition.
Trafigura said in a statement it had sold the cargo, which was shipped last week from Corpus Christi, Texas and is due to arrive in the Brazilian Port of Aratuo, to Brazil s Braskem.
The global commodities trader said that it had used the most energy efficient vessel available at the time and the speed of the voyage was adjusted to reduce emissions further. ....

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Trafigura sells first carbon-offset naphtha cargo to Brazil's Braskem


By Reuters Staff
2 Min Read
LONDON, April 26 (Reuters) - Trafigura said on Monday that it had sold the first cargo of naphtha, a refined oil product used in plastics, for which the carbon emissions from production to delivery were offset.
The move reflects a growing trend among oil and gas firms to market their products as cleaner and to secure a future for the fossil fuel industry amid an accelerating energy transition.
Trafigura said in a statement it had sold the cargo, which was shipped last week from Corpus Christi, Texas and is due to arrive in the Brazilian Port of Aratuo, to Brazil’s Braskem. ....

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