Page 6 - DMEA Week 47 2022
P. 6
DMEA SECURITY & POLICY DMEA
NGO rates NIOC as world’s
leakiest methane emitter
MIDDLE EAST NATIONAL Iranian Oil Co. (NIOC) spews Middle East, China or Russia, the group added.
more methane, a potent greenhouse gas (GHG), Methane is the primary component of nat-
than any other global energy producer, accord- ural gas. It is responsible for about 30% of the
ing to a report by the San Francisco-based Earth’s warming. The gas has 84 times the warm-
Global Energy Monitor. ing power of carbon dioxide during its first two
A GHGSat satellite observed methane emis- decades in the atmosphere.
sions near state-owned NIOC fossil fuel facilities The International Energy Agency (IEA)
— namely, the Arsanjan-Kheirgoo gas compres- has called for oil and gas operators to cease all
sor station — on November 6 in a remote corner non-emergency methane venting.
of Iran’s southern Fars Province. The emissions
monitoring company estimated that the meth-
ane was spewing at a rate of 795 kg per hour at
the time of observation.
Bloomberg said the station’s three compres-
sors help ship as much as 110mn cubic metres
per day of gas from the South Pars field, which
is located 1,050 km south of Tehran. They were
designed to raise transmission capacity during
the winter heating season, according to a pro-
motional video from the site’s operating unit,
Sekafco.
Global Energy Monitor found that just 30
fossil fuel companies account for nearly half of
the oil and gas sector’s emissions of methane. It
said the second biggest emitter is Russia’s Gaz-
prom. Third is China Energy. All of the top 10 The Arsanjan-Kheirgoo gas compressor station was observed to be emitting
biggest methane emitters are located in the methane at the rate of 795 kg per hour on November 6 (Photo: Rahbord Energy)
Report: Africa could produce 10%
of green hydrogen market by 2050
AFRICA AFRICA has the potential to satisfy up to 10% hydrogen applications such as ammonia pro-
of the global green hydrogen market by 2050, duction and refining, and new ones like mari-
according to a new report jointly published by time and aviation propulsion, steelmaking, and
renewable energy company Masdar and its Abu heavy-duty trucking,” the report says, underlin-
Dhabi Sustainability Week (ADSW) platform on ing the pivotal importance of hydrogen in the
the sidelines of the COP27 in Sharm-El-Sheikh. global net-zero transition.
The report, produced with the help of ana- “Hydrogen also plays a critical role as an
lysts from McKinsey and Co., outlines plans and energy carrier in a global decarbonized energy
recommendations for governments and private system,” the reports adds. “It can store large vol-
actors to best leverage the continent’s vast wind umes of energy and transport it over long dis-
and solar resources and set up green hydrogen tances via pipelines and ships.”
production facilities, which could create up to Africa’s green hydrogen could be among
3.7mn jobs and add as much as $120bn to Afri- the world’s most competitive, the report says,
ca’s GDP by 2050. and it could also be produced for exports to
“Green hydrogen tackles emissions that energy-constrained regions such as Europe or
cannot be eliminated through direct electrifi- Asia, as well as being deployed for domestic
cation with renewables. It decarbonises existing consumption.
P6 www. NEWSBASE .com Week 47 24•November•2022