Decarbonisation Technology May 2022 Issue

recovers from COVID, have led to 2022’s record energy prices. Sanctions make it more difficult to work with Russia on methane emissions abatement. On the other hand, the crisis has created a greater imperative to avoid methane emissions elsewhere to increase the market supply effectively. Global coordination on reducing methane emissions from the oil and gas sector There are a number of major, well-coordinated and complementary initiatives on reducing methane emissions from the oil and gas sector:  Oil and Gas Methane Partnership 2.0 The Oil and Gas Methane Partnership 2.0 (OGMP 2.0) is an initiative led by the International Methane Emissions Observatory (IMEO) at UNEP, together with the European Commission and the Environmental Defence Fund. Over 75 oil and gas companies have signed up to OGMP 2.0, committing to measure and report their emissions against a detailed performance framework, with a goal to reduce collective industry methane emissions by 45% by 2025 and 60-75% by 2030.

The OGMP 2.0 reporting framework includes emissions from a company’s own operations as well as non-operated and joint venture assets (scope 1 emissions). Companies with plans to improve measurement and reporting transparency, combined with an overall goal of reducing the methane emissions intensity to 0.2% or less (or an equivalent absolute reduction level), can attain OGMP’s gold standard. In 2022, OGMP 2.0 supplemented its earlier Technical Guidance Documents with a new series, listed below, along with guidance and templates for reporting upstream, mid, and downstream emissions (OGMP, 2022):

1. Liquid unloading 2. Reciprocating compressors 3. Leaks 4. Incomplete combustion 5. Centrifugal compressors 6. Glycol dehydrators 7. Flare efficiency 8. Level 1 and 2 reporting

Indirect, scope 2 emissions from the generation of purchased energy and scope

BASELINE 2017 0.30%

OUR TARGET IN DETAIL

HOW WE REDUCE METHANE EMISSIONS

2018 0.25%

Includes all operated upstream oil and gas assets

Expand leak detection and repair campaigns

2019 0.23%

All OGCI members support the aims of zero Routine Flaring by 2030

Replace or upgrade high-emitting devices

2020

We will report our collective methane intensity annually

Reduce aring

0.20%

Consistent with support for Paris Agreement

Reduce venting in new and existing assets

2025 TARGET Well

below 0.20%

NEAR ZERO

Figure 7 OGCI Aiming for Zero methane emissions by 2030 (OGCI, 2022)