ADNOC announces new Upstream Methane Intensity target of 0.15% by 2025 – lowest in Middle East

ADNOC announces new Upstream Methane Intensity target of 0.15% by 2025 – lowest in Middle East

ABU DHABI, 31st October, 2022 (WAM) –- Abu Dhabi National Oil Company (ADNOC) announced today, it has set a new Upstream Methane Intensity target of 0.15 percent by 2025.

The new target is the lowest in the Middle East, reinforcing ADNOC’s status as a leader in the responsible production of lower carbon energy.

ADNOC’s 0.15 percent methane intensity target means ADNOC will be ranked in the Gold Standard category, by the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) a multi-stakeholder initiative launched by the United Nations Environment Programme (UNEP) and the Climate and Clean Air Coalition. It is the only comprehensive, measurement-based reporting framework for the global oil and gas industry that improves the accuracy and transparency of methane emissions reporting.

Abdulmunim Saif Al Kindy, Executive Director, People, Technology & Corporate Support Directorate at ADNOC, said, “Today’s announcement reinforces ADNOC’s status as an industry leader in efficiently reducing methane emissions, as part of our commitment to provide the energy for sustainable, economic development, while delivering tangible, positive results for our climate.

“At ADNOC our aim is to reduce the methane intensity from our operated oil and gas assets, at the same time as we meet the forecast growth in energy demand for decades