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    UAE Oil Firm Pledges 25% Cut in GHGs


Adnoc plans to expand its carbon capture and storage capabilities.

by: Joseph Murphy

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Natural Gas & LNG News, Middle East, Corporate, Exploration & Production, Investments, Political, Environment, News By Country, United Arab Emirates

UAE Oil Firm Pledges 25% Cut in GHGs

The Abu Dhabi National Oil Co (Adnoc) has pledged to cut its greenhouse gas intensity by 25% by 2030, it said on January 13, outlining its new sustainability goals.

“We are strengthening our environmental performance as we expand our operations to ensure we can deliver more energy with fewer emissions for decades to come,” its CEO Sultan al-Jaber explained in a statement.

Adnoc said it would expand its carbon capture, utilisation and storage facility in Al Reyadah – the region’s first – in order to achieve its 25% reduction target. The plant can capture 800,000 mt/yr of CO2, but Adnoc wants to raise its capacity to 5mn mt by 2030.

Several Western oil and gas companies have made similar promises to scale back their emissions over  the coming decades, including Norway’s Equinor and Spain’s Repsol