Net Zero Emissions

NNPCL Joins OGMP 2.0, Reinforces Commitment to Net Zero Goals


Published: Monday December 30, 2024
By: Oilfield Africa Review

In a key step towards advancing methane transparency in Africa, NNPC Limited, Nigeria’s national energy company, has officially joined the Oil and Gas Methane Partnership (OGMP) 2.0. This milestone aligns with the company’s sustainability-focused strategy and its target of achieving net zero methane intensity by 2030.

“As a leading National Oil Company (NOC), NNPC Limited recognises the critical role it plays in reducing methane emissions and fostering environmental accountability. OGMP 2.0 provides a robust, measurement-based international reporting framework, enabling companies to enhance transparency, scale accountability, and adopt best practices for methane emissions reduction.

“Joining OGMP 2.0 highlights the commitment to leveraging credible frameworks to drive measurable progress in our decarbonisation journey. This move reinforces the company’s dedication to cutting methane emissions while contributing to Nigeria’s broader climate ambitions and aligning with global environmental standards, ” NNPCL stated

The earlier version of OGMP 2.0 — OGMP — was launched by the Climate And Clean Air (CCAC), at the UN Secretary General’s Climate Summit in 2014 and was implemented by UNEP.

OGMP was ratcheted up in scope and ambition in November 2020 to become OGMP 2.0. UNEP, CCAC, the European Commission, the Environmental Defense Fund and 62 oil and gas companies launched the newest version of the partnership. OGMP 2.0 is a more ambitious and comprehensive reporting framework that fosters reporting of methane emissions and directly connects it to strategic mitigation actions.

OGMP 2.0 has set the standard for transparency of methane emissions reporting. It is, today, the most comprehensive reporting framework on methane emissions for the oil and gas sector. It provides a protocol to help companies systematically manage their methane emissions from oil and gas operations.

OGMP 2.0’s reporting framework requires companies to report their methane emissions from all sources at both operated and non-operated ventures across the value chain at an unprecedented level of accuracy and granularity.

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