API Issues GHG Estimation Methods Guide for Oil & Gas Industries
September 9, 2009 // Published as a news service by IHS
The American Petroleum Institute (API) published a new edition of its guide for estimating greenhouse gas (GHG) emissions, API Compendium of Greenhouse Gas Emissions Estimation Methodologies for the Oil and Natural Gas Industry.
According to the group, the compendium provides oil and natural gas companies with standardized methodologies for estimating carbon dioxide and other GHG emissions from all common sources (such as combustion, venting and fugitive) throughout the entire oil and natural gas value chain.
Although the methods are aimed at oil and natural gas operations, many have direct applicability to other sectors, especially those pertaining to GHG emissions from combustion sources, said API.
API noted that the ability to accurately estimate GHGs is critical to tracking progress toward reducing emissions.
"Unless there’s a consistent, reliable way to measure GHG emissions, it’s hard to assess progress," said API's Karin Ritter, who led the industry team that updated the compendium.
"Ideally these industry best practices for quantifying GHG emissions would be reflected in emerging regulatory and voluntary GHG programs."
For more information, visit the API web site.
Source: American Petroleum Institute (API).