Emissions from global oil and gas sector just 10% of world total, Gazprom says

Business & Economy November 22, 2022, 17:47

According to Gazprom, methane emissions during gas production in the US are eighteen times higher than in Russia

MOSCOW, November 22. /TASS/. Methane emissions from the global oil and gas industry account for only 10% of cumulative global emissions, the Russian gas holding said on Tuesday.

"Methane emissions from the global oil and gas industry stand at about 10% of the total volume. Studies demonstrate a minimal methane footprint from supplies of Gazprom’s natural gas. According to the estimates, the share of methane’s atmospheric emissions from operations of the company was just 0.2% of global emissions in 2021. This confirms the insignificance of the impact of the company's operations on the global methane balance in the atmosphere," the company said, citing a study of methane and climatic changes.

According to Gazprom, methane emissions during gas production in the US are eighteen times higher than in Russia.

As regards the potential of hydrogen’s effect for global warming, "specialists estimated that a leak of one metric ton of hydrogen is equivalent to eleven metric tons of carbon dioxide. In other words, it is an indirect greenhouse gas," Gazprom said.

Read more on the site →