Wentworth to offset carbon in Tanzania with Vitol

Wentworth to offset carbon in Tanzania with Vitol

Wentworth Resources has signed a memorandum of understanding (MoU) with Vitol to offset emissions in Tanzania.

The two companies will develop new carbon credit programmes in Tanzania, a statement said, with an emphasis on communities. Wentworth will take a “material portion” of the offsets from 2022 to 2030.

“Our gas plays a critical role in addressing the energy access gap in Tanzania, but we must endeavour to do more to mitigate the impacts from fossil fuels,” said Wentworth CEO Katherine Roe. “Whilst investments are made to achieve a global net zero ambition, we must be responsible in playing our part to offset the negative impacts from our production right now.”

The company aims to offset all of its scope 1 and 2 emissions, and some of its scope 3 emissions, from 2022.

Wentworth published its first sustainability report this year. Under this, it reported an emissions intensity of 0.42 kg per barrel of oil equivalent. This is a total of 1,676 tonnes of CO2e.

It plans to disclose its scope 3 emissions ahead of the mandatory reporting deadline of 2025, as required by the London Stock Exchange.

Wentworth said it would work with the Mnazi Bay operator, Maurel et Prom, to reduce scope 1 and 2