Business Economy Energy

NNPC Limited Joins OGMP 2.0, Strengthens Global Efforts on Methane Transparency and Net Zero Goals

 

In a landmark move that underscores its commitment to environmental sustainability and global climate action, NNPC Limited, Nigeria’s national energy company, has officially joined the Oil and Gas Methane Partnership (OGMP) 2.0. This decision is a significant milestone in the company’s strategy to address methane emissions as part of its decarbonisation agenda and achieve net zero methane intensity by 2030.

As a key player in Africa’s energy sector, NNPC Limited recognises the critical importance of methane mitigation in addressing climate change. Methane, a potent greenhouse gas, has a global warming potential over 80 times that of carbon dioxide over a 20-year period. Its reduction is pivotal to slowing the pace of global warming. NNPC’s decision to join OGMP 2.0 demonstrates its proactive approach to tackling methane emissions at the source while setting a standard for accountability and environmental stewardship in the oil and gas industry.

Global Framework for Local Impact
The OGMP 2.0 is a comprehensive international reporting framework for methane emissions. It enables companies to accurately measure, report, and mitigate their methane output. By adopting this framework, NNPC Limited will strengthen its environmental data integrity, enhance transparency, and ensure the implementation of globally recognised best practices in methane emissions reduction. This move positions the company to not only meet Nigeria’s climate goals but also contribute to international efforts aimed at achieving the Paris Agreement targets.

NNPC’s Leadership Role in Climate Action
Joining OGMP 2.0 solidifies NNPC’s leadership in sustainable energy practices and reinforces its commitment to environmental accountability. This initiative reflects the company’s resolve to embed sustainability into its operations, guided by credible and scientifically robust frameworks. As the company strives to transition toward greener energy solutions, this partnership will serve as a cornerstone in its efforts to reduce methane emissions, foster innovation, and promote cleaner energy production.

A Broader Vision for Sustainability
NNPC’s methane reduction strategy is part of a broader vision to position itself as a responsible energy leader in a rapidly changing global energy landscape. By committing to measurable and verifiable methane reductions, the company supports Nigeria’s climate ambitions, including achieving net zero greenhouse gas emissions by 2060. Furthermore, it aligns with global efforts to limit warming to 1.5 degrees Celsius, as advocated by the United Nations.

This move sends a clear message that NNPC Limited is not only focused on energy provision but also deeply invested in creating a sustainable future for Nigeria and the world. The company’s collaboration with OGMP 2.0 serves as a call to action for other energy stakeholders in Africa to adopt similar measures in addressing methane emissions and advancing sustainability goals.

As the world increasingly prioritises environmental sustainability, NNPC Limited’s commitment to OGMP 2.0 reaffirms its position as a trailblazer in the industry, championing a cleaner, greener, and more sustainable energy future.

#SustainabilityAtNNPC
#EnergyForToday
#EnergyForTomorrow

 

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