China Oil and Gas Methane Alliance was inaugurated
2021/05/19

20210528

Co-hosted by China National Petroleum Corporation (CNPC), Sinopec Group (SINOPEC) and China National Offshore Oil Corporation (CNOOC), the Inaugural Conference of the China Oil and Gas Methane Alliance was held in Beijing on May 18. It has seven members: CNPC, SINOPEC, CNOOC, PipeChina, Beijing Gas, CR Gas and ENN Energy, with CNPC serving as its first president. At the conference, the founding members jointly announced their pledge to control methane emissions across the entire industry chain and take practical measures to push for the clean and low-carbon transformation of energy.

The China Oil and Gas Methane Alliance is committed to building a high-quality and open platform for technical experience sharing and cooperation, improving methane emissions control, and actively engaging in global climate governance. It will join the global efforts to ensure systematic, regular, standardized and international methane monitoring and measurement, promote and adopt leak detection and repair (LDAR) and other effective emissions control measures throughout the industry chain, from oil and gas production, storage and transportation to sales, increase the recovery and utilization of vented gas during exploration and development, actively develop new energy sources, and reduce dependence on fossil fuels during oil and gas production.

The members will incorporate the concept of green and low-carbon development into their entire production and operation process, carry out research and promotion of methane emissions control standards, improve the standardization and transparency of emissions data in the industry, regularly publish industry reports, and share best practices of Chinese oil and gas companies in methane control.

Through the China Oil and Gas Methane Alliance, member companies will incorporate methane emissions control into their carbon emissions reduction plan, comprehensively improve methane emissions control, strive to reduce the average methane intensity in natural gas production to below 0.25% by 2025, which is close to the performance of leading players in the world, and work to reach world-class level by 2035, in order to further increase the influence of Chinese oil and gas companies in the global climate governance architecture and demonstrate the sense of responsibility of Chinese enterprises.