BAKU, Azerbaijan, June 1. Methane emissions are
targeted to be decreased by 80% by 2030, Senior Business
Development Specialist for Renewable Energy at TotalEnergies,
Chingiz Orujov, said during panel discussions within the framework
of the 31st International Caspian Oil and Gas Exhibition in Baku
today, Trend
reports.
According to him, reducing methane emissions, increasing energy
efficiency, and electrifying assets are among the key areas that
provide the most effective short-term results for companies.
He noted that preventing methane emissions into the atmosphere
and eliminating gas leaks is a high priority in terms of impact on
global warming, and this area allows for measurable results in a
short time.
"First of all, measures related to methane emissions should be a
priority. In addition, electrification of assets, especially
onshore facilities, is an important step that will yield quick
results," he pointed out.
Orujov added that energy efficiency is also one of the main
directions, and for this purpose, energy efficiency action plans
are being implemented by companies.
According to him, TotalEnergies is investing approximately $2
billion in energy efficiency projects across all assets between
2023 and 2025. These projects include replacing engines with more
efficient equipment and modernizing generators.
The company representative also said that a 65% reduction in
methane emissions was achieved in 2025 compared to 2021, and the
target is to increase this indicator to 80% by 2030. According to
him, the implementation of this goal is considered realistic and
achievable.
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