REG-TOTAL Reduction of Methane Emissions: Total Strengthens Its Commitment With The OGMP 2.0 Initiative

TotalEnergies SEAnnouncement

23/11/2020 15:45

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Reduction of Methane Emissions: Total Strengthens Its Commitment With The OGMP
2.0 Initiative

 

Total (Paris:FP) (LSE:TTA) (NYSE:TOT), partner to the initiative since 2014,
has joined the second phase of the Oil & Gas Methane Partnership (OGMP
2.0) of the United Nations Environment Programme, which brings together
industrial companies, governments and NGOs to better monitor and report
methane emissions in order to reduce them. This second phase of the
partnership aims at defining a broader and more ambitious methane-reporting
framework, extended to the entire gas value chain and to non-operated assets.

"As one of the world leaders in the natural gas value chain, Total is
committed to reducing methane emissions to ensure that natural gas continues
to play its key role in the energy transition; this new partnership will
foster the sharing of industry best practices, especially on non-operated
assets, and improve monitoring," said Patrick Pouyanné, Chairman & CEO of
Total. "Our performance is amongst the industry’s best as we have already
cut methane emissions by 45% since 2010. And in order to progress further on
monitoring, Total invests in cutting-edge R&D programs to support the
development of future detection and measurement technologies".

Total's methane emissions

Total’s methane emissions stood at 68 kilotons in 2019, representing an
emission intensity of around 0.2% of the commercial gas produced on operated
upstream oil and gas facilities. The Group's objective is to reduce that
intensity below 0,2%, and notably to reduce it further for the gas assets to
below 0.1% of the commercial gas produced.

To control those emissions, Total addresses the various sources of methane –
mainly flaring, venting and fugitive emissions – and follows strict design
standards to ensure near-zero emissions for its new projects. Total is
committed to zero routine flaring by 2030 and has reduced this type of flaring
by 80% since 2010.

The Group has an extensive research program to develop emission measurement
technologies – with fixed camera, drones or satellites – and has
established, in the south of France, a specific dedicated testing site for
such technologies (TADI – Total Anomaly Detection Initiatives).

Total is a member of numerous industry associations and reviews regularly
their positions on climate, in particular on methane, to promote the axes of
progress to which it is committed. The Group also takes position on public
policies when relevant, as in 2019 when it publicly voiced its opposition to
the rollback of methane regulations in the United States.

► Read more here about our Climate Ambition "Getting to Net Zero", with a
focus on methane emissions on page 22 ◄
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.total.com%2Fsites%2Fg%2Ffiles%2Fnytnzq111%2Ffiles%2Fdocuments%2F2020-10%2Ftotal-climate-report-2020.pdf&esheet=52335041&newsitemid=20201123006023&lan=en-US&anchor=%26%239658%3B+Read+more+here+about+our+Climate+Ambition+%26quot%3BGetting+to+Net+Zero%26quot%3B%2C+with+a+focus+on+methane+emissions+on+page+22+%26%239668%3B&index=1&md5=7589d06200f780f15506c062497af9df)

About the OGMP

The OGMP, launched at the UN Climate Summit in 2014, was created by the
Climate and Clean Air Coalition (CCAC) as a voluntary initiative to help
companies reduce methane emissions in the oil and gas sector. It is a
collaboration between the UN Environment Programme (UNEP), the European
Commission (EC), the Environmental Defense Fund (EDF), the Climate and Clean
Air Coalition (CCAC) and 64 leading oil and gas companies representing 30 % of
the world’s oil and gas production on five continents, and offers a credible
platform to help member companies demonstrate actual reductions to industry
stakeholders.

About Total

Total is a broad energy company that produces and markets fuels, natural gas
and electricity. Our 100,000 employees are committed to better energy that is
more affordable, more reliable, cleaner and accessible to as many people as
possible. Active in more than 130 countries, our ambition is to become the
responsible energy major.

* * * * *

Cautionary Note

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TOTAL SE directly or
indirectly owns investments are separate legal entities. TOTAL SE has no
liability for their acts or omissions. In this document, the terms
“Total”, “Total Group” and Group are sometimes used for convenience.
Likewise, the words “we”, “us” and “our” may also be used to refer
to subsidiaries in general or to those who work for them.

This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TOTAL SE nor any
of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise.

Total

Media Relations: +33 1 47 44 46 99 l presse@total.com
(mailto:presse@total.com) l @TotalPress

Investor Relations: +44 (0)207 719 7962 l ir@total.com (mailto:ir@total.com)



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