dark

Asharami Energy partners UNEP on environmental sustainability petroleum upstream

By Stanley Onyeka, Lagos

Asharami Energy, a Sahara Group Upstream company, has joined the United Nations Environmental Program (UNEP)-led Oil and Gas Methane Partnership (OGMP) 2.0, to contribute to global efforts geared towards methane abatement and reduction of fugitive emissions.

OGMP 2.0 is the most comprehensive, measurement-based reporting framework for the Oil and Gas sector, recognized globally as the standard for monitoring, reporting, and verifying methane emissions.

This makes Asharami Energy the first indigenous oil and gas operator in Nigeria and Africa, to achieve this milestone, and further reinforces Sahara Group’s commitment to environmental sustainability through responsible emissions management, according to the company’s statement.

Announcing the partnership, Chief Technical Officer, Sahara Upstream, Leste Aihevba, was quoted as saying: “This is a significant milestone as it signifies our voluntary commitment to sustainability and focus on ESG, which is becoming increasingly important for demonstrating prudent stewardship and climate sensitive oil and gas development.

“Joining OGMP 2.0 marks a transformative step for Asharami Energy. It allows us to improve methane abatement and fugitive emissions measurement and transparency while adopting globally recognized strategies for emission reduction.

“By leveraging the insights and frameworks provided by UNEP, we are set to enhance our environmental impact mitigation approach, ensuring that our operations meet and exceed international best practices,”

Mr. Aihevba also highlighted Asharami Energy’s focus on operational excellence and reiterated the technical and operational benefits of the partnership with UNEP.

According to him, Asharami Energy had since outlined strategic measures aimed at promoting emissions reduction and resource efficiency across all the company’s assets.

“Membership of OGMP 2.0 is just one of the expressions of our commitment to securing the future of the Energy sector responsibly. From our remarkable safety standards to collaboration with all stakeholders, especially our host communities, we are actively playing a leading role in transforming upstream operations in Africa,” he added.

According to the statement, membership in OGMP 2.0 allows Asharami Energy to enhance its emissions data accuracy, align with international best practices, and design targeted mitigation strategies that address the largest sources of methane emissions.

This is expected to boost Asharami Energy ‘s strategic emissions reduction efforts, fostering transparency and accountability in line with the Global Methane Pledge to reduce global methane emissions by at least 30% by 2030.

This is a significant milestone as it signifies our voluntary commitment to sustainability and focus on ESG, which is becoming increasingly important for demonstrating prudent stewardship and climate sensitive oil and gas development.

Director, Governance and Sustainability, Sahara Group, Ejiro Gray, highlighted the significance of Asharami Energy’s membership in reinforcing Sahara’s broader sustainability agenda and its commitment to achieving net-zero emissions by 2060.

“Mitigating methane emissions is critical to achieving climate goals and ensuring environmental responsibility within the oil and gas sector. Through our participation in OGMP 2.0, Sahara Group is positioning itself as a key player in Africa’s transition towards cleaner energy solutions,” she said.

Speaking on the milestone, Bethel Obioma, Head, Corporate Communications, Sahara Group, emphasized its alignment with Sahara’s ethos of making a difference through responsible energy production and global partnerships.

“Sahara Group has consistently championed sustainability-driven growth, and this recognition by UNEP validates our dedication to advancing cleaner energy practices in Africa.

“By becoming a part of OGMP 2.0, we are strengthening our environmental stewardship and reinforcing Sahara Group’s position as a forward-thinking energy conglomerate committed to bringing energy to life responsibly,” he said.

Asharami Energy, with operations spanning nine key oil and gas assets across Nigeria, reiterated its commitment to responsible exploration and production practices that contribute to Africa’s energy security while upholding the highest environmental and safety standards.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post

AfDB mulls $500m facility to mobilize financing for smallholder farmers

Next Post

Ecobank named Africa’s Best Bank for Trade Finance in Global Finance Awards

Related Posts
Total
0
Share