×
×
Policy & Regulation

OGCI members plan to cut methane leakage to 0.25% of combined gas sales

The 13 IOC and NOCs aim to cut the volume of methane lost during upstream production to 0.25% of their combined gas sales by 2025 compared with 0.32% in 2017
By Staff reporter 25 September 2018 World / Policy & Regulation 0 32670

The 13 IOC and NOC members of the Oil & Gas Climate Initiative (OGCI) aim to cut the volume of methane lost during upstream production to 0.25% of their combined gas sales by 2025 compared with 0.32% in 2017, the OGCI announced on Monday.

This would equate to preventing the emission of 350,000 tpa of methane. The intensity could be further lowered to 0.20%. Separately, the OGCI said it would partner with China National Petroleum Corp. to...