Middle East Business: QatarEnergy aims to remove methane footprint by 2030 – Gulf Digital News

Middle East Business: QatarEnergy aims to remove methane footprint by 2030 – Gulf Digital News

QatarEnergy has joined the Aiming for Zero Methane Emissions Initiative, an industry-led initiative that aims to reach near zero methane emissions from operated oil and gas assets by 2030.

The initiative adopts an all-in approach that treats methane emissions as seriously as the industry treats safety. It supports the implementation of sound regulations to tackle methane emissions and encourages governments to include methane emissions reduction targets as part of their climate strategies.

QatarEnergy is the first company to join the initiative outside its twelve existing signatories: Aramco, bp, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Petrobras, Repsol, Shell and TotalEnergies.

Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said: “By being the first company to join the Aiming for Zero Methane Emissions Initiative outside its twelve existing signatories, we are reaffirming Qatar’s priorities and commitments with regards to the climate change agenda, and its unwavering support to the global effort to reducing emissions, including methane.

“This also falls in line with QatarEnergy’s recently announced Sustainability Strategy and follows landmark steps that include signing the guiding principles on reducing methane emissions across the natural gas value chain and endorsing the Global Methane Pledge.”

On this occasion, Bob Dudley, Chair