- Submitted by: Statoil ASA
- Topic: Energy
- Keywords: climate change, fossil fuels
- Location: Norway
- Date of completion: 2030
- Click for more information
Deliverables & Resources
- This voluntary initiative came from Sustainable Energy for All (SE4All)
Reduce Global Gas Flaring
Partner(s)World Bank Global Gas Flaring Reduction initiative,Statoil
Description/achievement of initiativeStatoil comits to reducing global gas flaring through participation in World Bank Global Gas Flaring Reduction initiative (GGFR) and setting a company flaring intensity target.
Implementation methodologiesBy participate in World Bank Global Gas Flaring Reduction Initiative and setting a company Flaring Intensity target.
For detailed information please kindly redirect to the following deliverables.
|Proactively invite peers (oil companies) to join the initiative and to establish flaring reduction commitments.||2012|
|Contribute with competence and expertise to GGFR through secondments.||2015|
|Participate in phase 4 of GGFR with increased funding.||2015|
|Statoil flaring intensity target is maximum 2 tons of gas flared per 1000 tons of hydrocarbons produced.||2020|
|Continue implementation of Statoil's no production flaring requirement in Statoil operated licenses.||2030|