Dragon Oil signs a charter to decarbonise oil and gas at COP28

Dragon Oil signs a charter to decarbonise oil and gas at COP28

Dragon Oil Company signed the “Oil and Gas Decarbonisation Charter” agreement during the activities of the COP 28 Conference. The signing of the agreement represents DO’s commitment to achieving sustainable development goals and reducing carbon emissions in the atmosphere through decarbonisation of the oil and gas industry. Ali Rashid Al Jarwan, CEO of Dragon Oil, said, “Dragon Oil is proud to sign the Oil and Gas Decarbonisation Charter agreement during the United Nations Climate Change Conference, which is being held in the United Arab Emirates. The signing of the agreement indicates that the oil industry, and our company in particular, is moving towards new horizons.” for sustainable development.” Al-Jarwan added, “This step represents a clear testimony that Dragon Oil realises the importance of increasing measures to support the world’s movement towards a future free of greenhouse gas emissions,” adding, “Our company is one of the first companies in the world to produce a policy to stop burning gas in its fields, as it succeeded to stop burning of associated gas permanently in Egypt and Iraq during the year 2025, while in Turkmenistan, Dragon Oil will stop burning gas completely by 2027.” He explained that DO, to support achieving this goal,