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Canada’s oil and gas sector contributes to about 40% of the country’s methane emissions, making methane regulations an urgent opportunity and policy priority. Recently, in accordance with Canada’s 2030 Emissions Reduction Plan, the federal government published draft amendments supporting the country’s goal to reduce the oil and gas sector’s methane emissions 75% from 2012 levels by 2030.
So, what is the best way to approach and strategize for compliance in light of new/upcoming regulation? How do you prioritize reduction efforts and compliance considerations among other organizational needs and demands? What are the key considerations companies should take into account when assessing new technologies amidst a rapidly changing regulatory environment?
The Industrial Decarbonization Network, hosts of the global Methane Mitigation Summit Series, recently caught up with Jay Thanki, Systems Engineer at TC Energy, who answers all these questions and more in an exclusive interview, An Operator’s Guide to Regulatory Compliance in Canada’s Oil & Gas Sector.
Maryam Irfan, Industrial Decarbonization Network: What are the key considerations companies should take into account when assessing new technologies amidst a rapidly changing regulatory environment?
Jay Thanki: When everything is changing so quickly, it’s best to focus on the constants. A mental tool I use is to imagine how we would run this pipeline without any technology, as if it were 1956 when the company first built the asset. Start with the technology of that time and consider how you would prioritize methane emissions. This simplifies the strategy as there are fewer moving parts…
Explore TC Energy’s approach to regulatory compliance and reduction efforts, drawing inspiration from industries beyond the oil and gas sector, in the exclusive interview.
Download your copy of An Operator’s Guide to Regulatory Compliance in Canada’s Oil & Gas Sector today.
Looking for more?
Join over 200 of your industry peers at Canada’s Largest Summit on Reducing Oil and Gas Methane Emissions, the Methane Mitigation Canada Summit, taking place September 30 – October 2 in Calgary, Alberta. Visit the official website to find out more, and discover how questions around the changing technology landscape can be further answered.
Hosted by Industrial Decarbonization Network.
www.methanemitigationcanada.com
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Methane Mitigation Summit Series
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