📊 Kazakhstan and Methane Emission Regulation: Challenges and Prospects
A year ago, Kazakhstan joined the Global Methane Pledge, committing to a 30% reduction in methane emissions by 2030. Achieving this goal largely depends on efforts in the oil and gas sector, which is a primary source of methane emissions.
🚀 Key Achievements:
• In December 2023, KazMunayGas JSC became the first Kazakh company to join the international OGMP 2.0 initiative to reduce methane emissions.
• The company has set a goal to achieve the “gold standard” of methane reporting across its operational assets within three years.
📈 Challenges and Solutions:
1. Lack of a unified approach: In 2023, methane emissions estimates ranged from 40 to 73 thousand tons, depending on the calculation methods used.
2. Need for advanced technologies: Plans include installing vapor recovery and gas capture systems with an efficiency rate of up to 95%.
3. Development of offset projects: Collaborative programs with international partners, such as Japan, open new opportunities for monetizing mitigation efforts.
🌍 Future Prospects:
• Aligning national methodologies with international standards.
• Creating a market for methane management technologies and services.
• Establishing emission threshold levels for various industries.
👉 Read the expert opinion of Aliya Shalabekova, Director of the Department at KazMunayGas JSC, on economyKZ.org!
https://economykz.org/?p=10958&lang=en
A year ago, Kazakhstan joined the Global Methane Pledge, committing to a 30% reduction in methane emissions by 2030. Achieving this goal largely depends on efforts in the oil and gas sector, which is a primary source of methane emissions.
🚀 Key Achievements:
• In December 2023, KazMunayGas JSC became the first Kazakh company to join the international OGMP 2.0 initiative to reduce methane emissions.
• The company has set a goal to achieve the “gold standard” of methane reporting across its operational assets within three years.
📈 Challenges and Solutions:
1. Lack of a unified approach: In 2023, methane emissions estimates ranged from 40 to 73 thousand tons, depending on the calculation methods used.
2. Need for advanced technologies: Plans include installing vapor recovery and gas capture systems with an efficiency rate of up to 95%.
3. Development of offset projects: Collaborative programs with international partners, such as Japan, open new opportunities for monetizing mitigation efforts.
🌍 Future Prospects:
• Aligning national methodologies with international standards.
• Creating a market for methane management technologies and services.
• Establishing emission threshold levels for various industries.
👉 Read the expert opinion of Aliya Shalabekova, Director of the Department at KazMunayGas JSC, on economyKZ.org!
https://economykz.org/?p=10958&lang=en