BS
India’s top oil and gas producer ONGC is seeking global technology partners to cut gas flaring and achieve zero methane emission by 2030 as part of its ambitious decarbonisation plan, its chairman Arun Kumar Singh said on Monday.
Oil and Natural Gas Corporation (ONGC) has substantially cut gas flaring — burning of methane gas that is produced when oil is extracted from below surface — and would look to bring it down to nil as part of its environmental commitments.
In a post on LinkedIn, Singh said India’s role in the global energy landscape is progressively becoming pivotal, and is likely to account for 25 per cent of global energy demand growth over the next two decades. According to the International Energy Agency, India’s share in global primary energy consumption is expected to rise to 9.8 per cent by 2050.
