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EU regulation on the reduction of methane emissions in the energy sector
…in the energy sector. The Regulation was first proposed in December 2021 as part of the Fit-for-55 package, following the adoption of the EU Methane Strategy in 2020. The regulation contains the following key measures to minimise the release of methane in fossil fuel operations within the EU:Mandatory measurement, reporting and verification (MRV) requirements for emissions at the source level, including for non-operated assets. Under Article 12, companies must submit reports within 18 months for operated assets and 30 months for non-operated assets including the following information: emission source type and location;data per detailed…
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National Gas Policy
…new gas policy to overcome shortcomings of the previous with respect to a coherent regulatory framework. Outlines the key areas for improvement, including regulation that governs the full process of the gas chain and to reduce regulatory body overlap in responsibilities.
Specifically suggests:
consolidating oversight of petroleum activities into one body (p. 36)
improving metering of facilities (p. 38)
turn away from gas re-injection, to prioritise utilisation (p. 61)
encourage the use of flare gas capture technologies, including power generation; replacing diesel fuel on site with gas; small scale GTL; mini-LNG plants; building gas infrastructure, including gas gathering… -
(Alberta) Specified Gas Reporting Program
Alberta’s Specified Gas Reporting Program has collected facility greenhouse gas emissions data since 2003. In 2005 (for 2004 emissions data collection), Alberta harmonized its Specified Gas Reporting Program with the Government of Canada’s Greenhouse Gas Emissions Reporting Program. Since then, Alberta has jointly collected greenhouse gas data from Alberta’s largest industrial emitters with the Government of Canada. Alberta facilities report their emissions data to Environment and Climate Change Canada through the federal reporting program and the results are forwarded to the Alberta Climate Change Office, allowing both provincial and federal reporting requirements to be satisfied.
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Exceptional regime allowing certain gas consumers to return to regulated tariffs
In an effort to protect domestic consumers from the effects of the global energy crisis, the Portuguese government enacted in September 2022 a temporary and exceptional regime allowing final gas customers with annual consumption less than 10,000 m3 to return to the regulated tariff regime for the sale of natural gas, whose gradual phase out had been decided in 2011. This measure translates into a loss of VAT revenues for the Portuguese State.
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Gas Load Management Plan
The government prioritizes gas distribution to domestic and essential sectors, restricting non-essential industries. Gas utilities follow a set priority order for connected consumers.
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Proposal for an EU regulation on methane emissions reduction in the energy sector
…EU legislative proposal for a regulation on methane emissions reduction in the energy sector. To abate methane emissions, the regulation introduces a stricter legal framework in the gas, oil and coal sectors, in order to limit methane leaks, venting and flaring.The proposal establishes an enhanced monitoring, reporting and verification regime (MRV) that requires all operators to submit annual reports of their source-level methane emissions. Initially, these reports would be based on emissions factors, but within 36 months of entry into force of the regulation, operators would be required to submit direct measurements of source-level methane emissions complemented…
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Standardised electronic bidding procedure for domestically-produced natural gas
The policy aims to provide standard procedure for sale of natural gas in a transparent and competitive manner through e-bidding, in order to create a market-based price discovery mechanism for domestically-produced gas.
This policy is set to bring uniformity to the bidding process and to avoid ambiguity. Affiliate companies are allowed to participate in the bidding process, to facilitate more competition in the gas exchange market. -
Michelle Bachelet
Former President.
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Natural Gas Act 2011
The Natural Gas Act 2011 aims at setting the regulatory framework for the transmission, distribution, purchase or supply of natural gas. It was amended in 2022 to include the creation of a Strategic Gas Reserve.
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First NDC of Qatar
The 21st session of the Conference of the Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC) was held in Paris in November and December 2015. 195 participating countries negotiated and adopted the Paris Agreement, which includes objectives to peak greenhouse gas emissions as soon as possible, to limit the global average temperature increase above pre-industrial levels to well below 2°C, and to pursue efforts to limit the increase to 1.5 C.The Paris Agreement, which entered into force on 4 November 2016, requires Parties to put forward their best efforts through…