Addressing methane emissions from oil and gas production
The oil and gas sector is committed to reducing methane emissions from operations in Australia.
Under all credible net zero scenarios, natural gas is needed through to 2050 and beyond, as highlighted in the Future Gas Strategy. The Australian oil and gas industry is committed to net zero across the economy by 2050. Reducing methane emissions from oil and gas operations has been a priority for the industry for decades and is a central tenant of the sector’s climate change commitment.
Australian Energy Producers is a member of the international Methane Guiding Principles (MGP) initiative and support the Government’s commitment to the Global Methane Pledge. Members support a range of international methane initiatives including the MGP, the Oil and Gas Methane Partnership 2.0 and the Oil and Gas Decarbonisation Charter.