Everything you need to know about changes and new requirements
So far, the oil and gas industry has only been required to voluntarily and flexible report their methane emissions under the so-called OGMP 2.0 (Oil and Gas Methane Partnership) guideline. This will change on August 4, 2024, with the official implementation of the new EU Methane Regulation. This regulation introduces new, stringent requirements for the industry, with mandatory reporting and strict measures for measurement and maintenance. In the following, we explain the differences between the guidelines.
The OGMP 2.0 (Oil and Gas Methane Partnership) provides voluntary and flexible reporting standards developed by the UN Environment Programme (UNEP) and the Climate and Clean Air Coalition.
Here are the main features of OGMP 2.0:
For more information, visit the official pages of the UN and the Climate and Clean Air Coalition.
The new EU Methane Regulation is based on the OGMP 2.0 Level 1-5 framework but implements much stricter and binding standards for operators:
These adjustments underscore the EU's commitment to more strictly regulating methane emissions in the gas industry and minimizing environmental impact.
Compared to the OGMP 2.0 standard, the new EU Methane Regulation relies on mandatory measures with increased measurement effort. It follows the OGMP 2.0 Level 1-5 framework from Level 3 with increasing requirements each year in the first three years. Gas industry operators must prepare for comprehensive administrative and technical requirements to meet the new regulations. This includes detailed measurements, reporting, and regular government inspections.
Therefore, it is crucial to take the necessary steps early to comply with the new regulations and effectively reduce methane emissions. For further information and support, we are happy to assist you.
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