Rosneft joins global initiative on methane emission reduction
Moscow. Rosneft Oil Company has joined the initiative of the world’s leading oil and gas companies and signed “The Guidelines for Methane Emission Reduction in Natural Gas Supply Chain” (hereinafter referred to as the Guidelines).
The Company’s Strategy related to compliance with the 17 Sustainable Development Goals of the UN, approved by the Board of Directors, established the “Fighting the Climate Change” as one of the key five goals. Having been a member of the UN Global Compact since 2010, Rosneft Oil Company has been upgrading its refineries, creating and producing new products that can reduce consumer emissions and improve fuel efficiency.
The signed Guidelines are aimed at increasing the effectiveness of the efforts to reduce methane emissions at all stages of the gas industry supply chain, promoting rational policy and regulations of methane emissions, and ensuring transparency of emission reporting.