Russian integrated energy company Rosneft has reduced fugitive methane emissions in the Upstream sector by 73 per cent in 2019 as a result of a comprehensive programme of process improvements and methane emission reduction initiatives.
Maximising emissions reductions is a key element of the Rosneft 2022 Strategy. The company intends to take a leading position in terms of environmental friendliness of its business and enter the first quartile of international companies in terms of unit greenhouse gas emissions.
In this regard, Rosneft joined in 2019 the initiative of the world’s leading oil and gas companies by signing The Guidelines for Methane Emission Reduction in Natural Gas Supply Chain. The company will continue to introduce modern direct and remote technologies for detection and assessment of methane emission sources and for leaks prevention. It also announced its commitment to the UN Sustainable Development Goals, identifying Combating Climate Change among its five priority goals.
The company plans to reduce specific greenhouse gas emissions by 5 per cent and improve energy efficiency at production facilities. These initiatives will prevent over 8 million tonnes of CO2-equivalent greenhouse gas emissions by 2022.
Rosneft pays special attention to the development of the low-carbon business segment, increasing the production of natural gas and new types of commodities with improved environmental performance. The company is also actively introducing its own innovative technologies in the field of rational use of associated petroleum gas (APG), which allows not only to pump it into the reservoir to maintain reservoir pressure but also to use it to generate electricity. In 2019, the average APG utilisation rates for mature assets of the company reached 93.8 per cent. Late last year, for the first time in East Siberia, the technology for injecting APG in a temporal underground gas storage facility was applied at the Verkhnechonskoye field.
Rosneft also monitors the stages of the Investment Gas Programme and Energy Saving Programme implementation on a regular basis. Thanks to a 14 per cent improvement in energy efficiency, the company managed to reduce emissions in the amount of 3.1 million tonnes of CO2 equivalent over the last two years.
Rosneft became one of the leading global oil and gas companies participating in the international ratings of CDP (Carbon Disclosure Project), the most reputable non-profit organisation that evaluates companies’ environmental impact, strategy, corporate governance, and risk management activities related to climate change issues, water and forest issues. As a result of an independent assessment, Rosneft was assigned the B rating, the highest among the participating Russian oil and gas companies.