Status of initiative: N/a
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
Deliverables
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.
Sustainable Development Goals and targets
Goal 7
Resources devoted to implementation
SMART
This initiative does not yet fulfil the SMART criteria.
SDGs
Information
Location: Norway
Date of completion: 2030
Operating in countries
Partner connections
Contact information/focal point(s)
, olev@statoil.com

Documents
#SDGAction997
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