More U.S. upstream operators are working to verify the methane emissions of their natural gas, and business is expected to strengthen as choosy buyers, particularly in Europe, choose independently certified gas.
Methane, the primary component of natural gas, accounts for about 20% of the global anthropogenic greenhouse gas emissions. The natural gas sector emits a lot of methane through leaks and flares. Increasingly, they are looking for companies to help them reduce their GHG profile.
MiQ, which has certified about 4% of the world’s gas supply to date, is one of several firms providing certification standards to assist exploration and production companies, pipeline operators, utilities and LNG facilities in their quest for cleaner gas.
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