I'm interested in

The page will reload with new widgets as you request.

Press Release

LUKOIL COMPLETES THE INVENTORY OF GHG EMISSION SOURCES AND EMISSIONS CALCULATION IN ACCORDANCE WITH INTERNATIONAL STANDARDS

PJSC "LUKOIL" reports the completion of inventory of greenhouse gas (GHG) emission sources and calculation of direct and indirect emissions in accordance with international standards.

The inventory of GHG emission sources has been carried out in accordance with the GHG Protocol standard. The operational and organizational accounting boundaries were consequently expanded resulting in a more comprehensive assessment of emissions volume. The calculation of GHG emissions was also conducted in accordance with the GHG Protocol standard (previously the Company applied the methodology adopted in 2015 by the Russian Ministry of Natural Resources and Environment).

For the first time the calculation was performed for indirect GHG emissions from generation of purchased energy (Scope 2), as well as for other indirect GHG emissions from the use of the Group's own products sold, including sales of oil, gas and oil products (Scope 3).

GHG emissions of LUKOIL Group, million tonnes СО2-e

 2016201720182019
Direct emissions (Scope 1)40.1740.4739.6239.82
including methane emissions1.541.400.960.77
Indirect emissions from generation of purchased energy (Scope 2) 10.4410.458.958.64
Other indirect emissions from the use of the Group's own products sold (Scope 3)---385.72

Scope 1 GHG emissions decreased by 0.9% in 2019 as compared to 2016 despite hydrocarbon production growth, mainly due to implementation of associated petroleum gas (APG) efficient use programs, and the volume of methane emissions was halved. Scope 2 GHG emissions were reduced by 17% owing to development of in-house power generation and implementation of energy saving programs.

The calculation of direct and indirect GHG emissions has been verified by international audit company KPMG.

 

  • Press release in PDF

You may be interested