Cutting methane emissions from the oil and gas sector is identified by the IEA and others as one of the most effective measures to keep the world on track to net zero.
Equinor is already a leader on methane: our absolute methane emissions and emissions intensity is among the lowest in the industry. In collaboration with peers, governments, and technology providers, we are already working on a wide range of methane reduction measures. But we recognize that more action is needed.
Methane emissions are a global problem that require collective efforts beyond our own operations and beyond the borders of the countries we operate in. That is why Equinor has decided to support the World Bank’s new Global Flaring and Methane Reduction fund, which will provide assistance to low income countries with high methane emissions that do not have sufficient resources to reduce them without help. By working together, we can achieve significant reductions in methane emissions from our industry.
