Governments, the UN, civil society and companies collaborate on robust new tracking and disclosure system
Nairobi/Brussels/New York/Kassel. In a move that will help tackle one of the biggest and most solvable contributors to the climate crisis, major players in the oil and gas industry agreed today to report methane emissions with a new, much higher level of transparency.
Kadri Simson, EU Energy Commissioner, said “I am very happy to see the energy industry taking immediate action on methane emissions. A clear commitment to measure and monitor emissions is an important first step for significantly reducing them and I am proud of what we have achieved together. Today’s signature is the first deliverable under the Commission’s recent methane strategy. There are many more steps to take to cut emissions along the entire value chain and I hope to work closely with all – European and international - partners to reach this goal.”
Christoph von dem Bussche, Managing Director, GASCADE Gastransport GmbH, added: “We at GASCADE work hard to keep methane emissions as low as possible - with high quality standards and predictive maintenance. For example, we do continuous tests and use mobile compressors to avoid venting during maintenance. Our goal is to minimize emissions further and exchange know-how within the OGMP.”
The Oil and Gas Methane Partnership (OGMP) is a Climate and Clean Air Coalition (CCAC) initiative led by the UN Environment Programme (UNEP), the European Commission (EC), and the Environmental Defense Fund (EDF). Already 62 companies with assets on five continents representing 30 per cent of the world’s oil and gas production have joined the partnership – among them GASCADE. The new OGMP2.0 framework is the new gold standard reporting framework that will improve the reporting accuracy and transparency of anthropogenic methane emissions in the oil and gas sector.
For more information regarding OGMP please visit: http://ogmpartnership.com/
