By NGV Global The Oklahoma-headquartered, international Oil and Gas Climate Initiative (OGCI), now made up of 13 major oil and gas companies, has declared its intention to collectively reduce the average methane intensity of its aggregated upstream gas and oil operations by one fifth to below 0.25% by 2025, and if possible will push to 0.20%, corresponding to a reduction by one third. The natural gas for transportation industry welcomes this initiative to further reduce emissions from the gas value chain.
The methane intensity refers to the methane that gets lost in the atmosphere when producing oil and gas, as a percentage of the
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