CDM Methodology Workshop On Gas Flaring Reduction Amsterdam - 3 December, 2008

Workshop agenda Status of gas flaring worldwide Gas flaring and sustainable development (Thomas Eid) Methodologies and Gas Capture Introduction to methodology issues (Paul Parks) Current methodologies (Alexandrina Planotova and S. Ross) Alternative uses to reduce gas flaring (Anders Pederstad) Gas re injection (Steinar Nja) PANEL DISCUSSION Conclusions and recommendation PANEL DISCUSSION

Status of gas flaring worldwide

Gas flaring and sustainable development (Thomas Eid)

Methodologies and Gas Capture

Introduction to methodology issues (Paul Parks)

Current methodologies (Alexandrina Planotova and S. Ross)

Alternative uses to reduce gas flaring (Anders Pederstad)

Gas re injection (Steinar Nja)

PANEL DISCUSSION

Conclusions and recommendation

PANEL DISCUSSION

Your participation… After the presentations and 1st panel discussion, we will ask everyone to provide us with: Most critical issues Priority for addressing these issues Suggested ideas as next steps Feedback will be presented at the GGFR Steering Committee

After the presentations and 1st panel discussion, we will ask everyone to provide us with:

Most critical issues

Priority for addressing these issues

Suggested ideas as next steps

Feedback will be presented at the GGFR Steering Committee

Global Gas Flaring An estimated 150-170 bcm of gas is flared globally (about 25% of US consumption) Adds more than 400 million tons of carbon dioxide into the atmosphere each year 75% of global flaring occurs in fewer than 10 countries Major flaring areas are: Russia, Gulf of Guinea and the Middle East Flaring levels remain constant dispite increased oil production

An estimated 150-170 bcm of gas is flared globally (about 25% of US consumption)

Adds more than 400 million tons of carbon dioxide into the atmosphere each year

75% of global flaring occurs in fewer than 10 countries

Major flaring areas are: Russia, Gulf of Guinea and the Middle East

Flaring levels remain constant dispite increased oil production

Global Satellite Estimated Gas Flaring 100 110 120 130 140 150 160 170 180 190 200 1995 1997 1999 2001 2003 2005 2007 Estimated Volume (BCM)

To help initiation of DNAs in GGFR partner countries (e.g. Angola, Nigeria, Indonesia, Algeria, and Russia) To better understand how flaring/venting reduction projects could earn carbon credits and achieve results Chance to make a difference: projects offer large, real, measurable ERs Industry engaged but not strongly linked with emerging processes Few projects back then (and still now) Limited (and limiting) associated gas utilization methodologies (AM 0009 & 37 upstream and AM 0055 for downstream) SD benefits: from small to large scale projects GGFR and Carbon Finance

To help initiation of DNAs in GGFR partner countries (e.g. Angola, Nigeria, Indonesia, Algeria, and Russia)

To better understand how flaring/venting reduction projects could earn carbon credits and achieve results

Chance to make a difference: projects offer large, real, measurable ERs

Industry engaged but not strongly linked with emerging processes

Few projects back then (and still now)

Limited (and limiting) associated gas utilization methodologies (AM 0009 & 37 upstream and AM 0055 for downstream)

SD benefits: from small to large scale projects

Thank you! Further information: [email_address] www.worldbank.org/ggfr GGFR’s Vision is…

Further information:

[email_address]

www.worldbank.org/ggfr