BAKU, Azerbaijan, September 30. QazaqGaz has
officially joined the global Oil and Gas Methane Partnership 2.0
(OGMP 2.0) initiative aimed at reducing methane emissions, the
company announced today.
“QazaqGaz has taken an important step in implementing its
climate strategy by signing a Memorandum of Understanding with the
UN Environment Programme (UNEP) and officially joining the Oil and
Gas Methane Partnership,” the company said.
By joining OGMP 2.0, QazaqGaz becomes part of a global group of
industry companies committed to ESG principles, the company
noted.
As part of the initiative, QazaqGaz signed a cooperation
agreement with Norwegian company Carbon Limits. The joint work will
focus on comprehensive monitoring, inventorying emission sources
and implementing effective solutions to reduce methane emissions at
the company’s production facilities.
The Oil & Gas Methane Partnership 2.0 (OGMP 2.0) is the flagship
oil and gas reporting and mitigation program of the UN Environment
Programme (UNEP). It is the only comprehensive, measurement-based
international reporting framework for the oil and gas sector.
More than 140 major international and Kazakh companies currently
participate in the initiative, including Shell, BP, TotalEnergies,
Chevron and Equinor, as well as Kazakhstan’s NCOC, KazMunayGas and
Karachaganak Petroleum Operating (KPO).
QazaqGaz is a portfolio company of Samruk-Kazyna. It manages
Kazakhstan's centralized infrastructure for the transportation of
commercial gas through main gas pipelines and gas distribution
networks, provides international gas transit, and sells gas in
domestic and foreign markets. The company also develops, finances,
constructs and operates gas pipelines and gas storage
facilities.
According to the company's website, the QazaqGaz group operates
gas pipelines with a total length of about 76,000 kilometers,
including around 20,000 km of main gas pipelines with an annual
capacity of up to 267.8 billion cubic meters and approximately
56,000 km of gas distribution networks.
