Today, the European Commission announces a new alliance with 12 countries and the East Mediterranean Gas Forum to work together towards a global agreement on measuring, monitoring, reporting and verifying (MMRV) greenhouse gas emissions, including in particular methane.
The Working Group will cooperate to ensure that market participants are properly equipped with consistent, reliable and well-researched information about greenhouse gas emissions of the gas supply chain. With this information, oil and gas companies would be able to demonstrate their efforts to measure their emissions in an evidence-based way, to help effectively reduce those emissions. and possibly collect the gas that would otherwise be wasted.
The group will start working on the natural gas sector, but may expand in the future to include additional hydrocarbons.
The framework will build on the well-established and globally recognised Oil and Gas Methane Partnership (OGMP 2.0), ensuring accuracy and quality of the reported data.
The Working Group is supported by a Technical Group and advised by representatives of industry, and environmental and technical experts. Members of the Working Group will work throughout 2024 to agree on a set of tools, such as protocols and guidelines, that can be used, on a voluntary basis, by the natural gas market sector.
Related links
- Public announcement of International Working Group on measurement, monitoring, reporting and verification (MMRV) of GHG emissions
- Methane emissions (europa.eu)
Details
- Publication date
- 15 November 2023
- Author
- Directorate-General for Energy