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Legislative framework of Russian APG flaring

... observer. It would be relevant to cooperate with foreign agencies such as NOAA whose satellite data Russia currently relies on in order to exclude opportunity to produce results reminiscent of wishful thinking rather than real numbers. Adoption of foreign legislation on APG similar to Clean Development Mechanism could help introduce a cap-and-trade national emission trading system and a carbon market that would help small and big oil producers share the burden of fees paid for released volumes of APG, ...

Tikhonova Anna
07.06.2016 16:45:00

To flare or not to flare? Russian APG case.

... such as Lukoil, Gazprom Neft, Surgutneftegas, as well as Bashneft and Tatneft” to express opposition. For now, Russian environmental strategy is primarily focused on adaptation rather than mitigation, what can be explained by the weak existing legislation and regulatory system as well as underdeveloped market mechanisms in hydrocarbon industry that favor monopoly practices and keep gas price artificially low. Midstream infrastructure remains limited and at a current APG price there is little ...

Tikhonova Anna
07.06.2016 16:30:00

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