Aramco Joins Zero Routing Flaring Initiative
Saudi Aramco has announced that it is joining the Zero Routine Flaring by 2030 World Bank Initiative.
Launched in April 2015, the initiative brings together governments, oil and gas companies and development institutions from around the world to eliminate routine flaring by 2030.
Over 80 governments and organizations have joined the initiative, including the government of Saudi Arabia, which joined in December 2018. Companies such as BP, Eni, Shell and Total have also joined the initiative.
“We are proud to join the Zero Routine Flaring by 2030 Initiative, which we view as an important global effort to eliminate flaring,” Ahmad A. Al-Saadi, Saudi Aramco’s senior vice-president of technical services, said in a company statement.
“We have been taking active steps to reduce flaring in our operations for the past 40 years and have invested in a range of flaring reduction technologies and programs to achieve our excellent performance,” he added.
“Beyond this initiative, we are also investing in advanced technologies to enable greater efficiency and lower emissions in transport, carbon-free hydrogen fuels, and carbon capture, utilization and storage (CCUS),” Al-Saadi continued.
In a statement posted on its website, Saudi Aramco revealed that its flaring remained at less than one percent of its total raw gas production in the first half of 2019. The company said its low flaring levels are a result of its “decades-long” focus on sustainability.
According to Saudi Aramco, the company’s 2018 upstream carbon intensity figure is among the lowest globally at 10.2 kilograms of CO2 equivalent per barrel of oil equivalent.
To contact the author, email email@example.com
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Editor | Rigzone