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Reduce Global Gas Flaring
Description/achievement of initiative

Statoil 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 methodologies

By 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.

Arrangements for Capacity-Building and Technology Transfer

Coordination mechanisms/governance structure

Partner(s)

World Bank Global Gas Flaring Reduction initiative,Statoil
Progress reports
Goal 7
2012
Proactively invite peers (oil companies) to join the initiative and to establish flaring reduction commitments.
2015
Contribute with competence and expertise to GGFR through secondments.
2015
Participate in phase 4 of GGFR with increased funding.
2020
Statoil flaring intensity target is maximum 2 tons of gas flared per 1000 tons of hydrocarbons produced.
2030
Continue implementation of Statoil's no production flaring requirement in Statoil operated licenses.

Basic information
Time-frame: - 2030
Website
Partners
World Bank Global Gas Flaring Reduction initiative,Statoil
Countries
Contact information
United Nations