Get Guardian on GoogleThe Nigerian National Petroleum Company Limited (NNPC) has showcased its progress in measuring and reporting methane emissions at the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31) in Antalya, Türkiye.
The company said it had advanced its methane reporting from Level 1 to Level 3 under the Oil and Gas Methane Partnership (OGMP 2.0) framework through improved emissions data and changes in operational practices.
Managing Director of NNPC Foundation Ltd/Gte, Chinedu Igwe, disclosed this during a session convened by the Oil and Gas Decarbonisation Charter (OGDC) on accelerating global methane mitigation in emerging economies.
Igwe said the progress demonstrated that national energy companies in emerging economies could establish credible systems for measuring, reporting and verifying emissions in line with international standards.
“Reporting gives us a clear story to tell management and a practical tool for engaging our operators. Our report is on the MiST platform developed by Carbon Limits for independent feedback, and we have carried out leak detection and repair (LDAR) on one of our assets, which is now close to Level 4. This allows us to track our carbon footprint from where we were to where we are and where we are headed,” he said.
The session featured representatives of Petrobras and PETRONAS, with panellists agreeing that methane emissions could be reduced to near zero while maintaining energy security, sustainability and affordability.
On the sidelines of the conference, NNPC, led by its Chief Strategy and Sustainability Officer, Hauwa Mshelia, held an exploratory meeting on project financing and development with representatives of the Inclusive Climate Action Fund and ANTAN Producing Limited.
The company’s Managing Director of NNPC New Energy Limited, Haruna Abdurrahman, also attended the meeting.
At the Nigerian Pavilion, NNPC also led a panel discussion on decarbonising Africa’s value chain, where its Manager of Sustainability Strategy, Standards and Policy, Philemon Yilleng, presented natural gas as a key component of the company’s energy transition strategy.
Yilleng said NNPC was pursuing gas development alongside investments in renewable energy and efforts to reduce emissions, while working with regulators, joint venture partners and financiers to integrate sustainability into its operations.
NNPC also participated in a Boston Consulting Group (BCG) leaders’ roundtable on methane emissions reduction across the waste and energy sectors.
The company said its emissions reduction agenda was guided by its theme, “Action Not Words”, with targets to eliminate routine gas flaring and reduce methane emissions by 2030, while adopting low-carbon technologies, renewable energy and carbon capture and storage towards net zero by 2050.
