Gazprom saves over RUB 8 billion in 2015 on fuel and energy resources
The Gazprom Board of Directors took note of the information concerning the results of the Company's measures targeted at improving energy efficiency and reducing greenhouse gas emissions.
It was noted that the Company was taking a systemic approach by implementing energy saving and energy efficiency programs. In 2015, Gazprom saved 2.79 million tons of fuel equivalent on fuel and energy resources, including some 2.35 billion cubic meters of natural gas, 261.5 million kWh of electricity, and 207.2 thousand Gcal of heat. The total value of energy resources saved in 2015 equals RUB 8.16 billion.
The Company is cutting down the use of energy resources for its own process needs by, among other things, optimizing gas flow management and introducing innovative technologies and equipment. Notably, Gazprom's production facilities have seen the successful integration of technologies that use exhaust heat from gas compressor units and reduce outgassing amounts during repair works. In addition, standalone units are employed to supply remote facilities with energy.
The energy efficiency measures help considerably reduce greenhouse gas emissions as well. Between 2010 and 2014 alone, the volume of greenhouse gas emissions at Gazprom's facilities dropped by 19.3 per cent, from 137.2 million tons to 110.7 million as measured in CO2 equivalent. Other measures contributing to the decrease in greenhouse gas emissions include the large-scale gasification of Russian regions, among them Eastern Siberia and the Russian Far East, and the use of natural gas as a vehicle fuel.
Gazprom has been part of the initiative implemented by the Carbon Disclosure Project (CDP), an international investor partnership, since 2009. The Company has been recognized by CDP as the best Russian energy company every year since 2011.
The Gazprom Management Committee was instructed to continue efforts aimed at improving the energy efficiency of the Company's production activities and reducing its greenhouse gas emissions.
The Carbon Disclosure Project (CDP) is an international investor partnership embracing over 700 international financial institutions with assets exceeding USD 90 trillion. CDP holds the world's largest database on corporations' greenhouse gas emissions and climate change risks, which is used for investment decision-making.