INPEX & IRUMA GAS Sign Carbon Neutral Gas Sales and Purchase Agreement

Source: www.gulfoilandgas.com 8/31/2021, Location: Asia

INPEX CORPORATION (INPEX) and IRUMA GAS (IRUMA GAS) jointly announced they entered into a carbon neutral gas sales and purchase agreement. Through this agreement, IRUMA GAS will purchase carbon neutral gas from INPEX and convert the natural gas utilized by its headquarters to carbon neutral gas.

Through the realization of a smart energy network for a carbon-free society and the sales and promotion of the carbon neutral gas, IRUMA GAS will contribute to the reduction of CO2 emissions and the sustainable growth of communities as a comprehensive energy company deeply rooted in the community in line with the “Zero Carbon City” joint declaration announced by Iruma City and four neighboring cities on February 15, 2021.

INPEX, as outlined in its “Business Development Strategy - Towards a Net Zero Carbon Society by 2050,” has set goals to achieve its own net zero carbon emissions by 2050 and will proactively engage in energy structure reforms towards the realization of a net zero carbon society. The company will work closely with city gas business operators to which it supplies wholesale natural gas and implement measures contributing to the reduction of greenhouse gases on a global scale alongside its customers by responding to their needs by providing solutions such as carbon neutral gas and other forms of clean energy.

About carbon neutral gas
The neutrality of the natural gas to be supplied through this agreement is based on carbon credits certified by a credible certifier as deriving from CO2 reduction efforts at forest conservation projects, etc. based around the world where greenhouse gas emissions have been offset throughout the entire value chain process from development to combustion.


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