OIES Podcast – A blueprint for compliance solutions under the EU’s methane emissions regulation

In this latest OIES podcast James Henderson talks to Fiji George and Jonathan Stern about a recently published paper called “A Framework on Implementing a Compliance Solution under the EU Methane Emissions Regulation.” The European Commission (‘EC’) has introduced the concept of Compliance Solutions as a mechanism for complying with the Monitoring, Reporting and Verification (‘MRV’) requirements of the European Union Methane Emissions Regulation (‘EU MER’) for imports of LNG, gas and oil. In this podcast we discuss ways to provide a blueprint to design and evaluate Compliance Solutions that are broadly aligned with the EU MER. We assess some key concepts, framework principles, and design requirements for producers, intermediaries, and importers in complex supply chains to meet the minimum elements of the EU MER while adhering to ‘state-of-the-art best practices’ and international standards. As a case study, we assess the potential for the UNEP’s International Methane Emissions Observatory/Oil and Gas Methane Partnership (‘IMEO/OGMP’) to establish an independent entity that could serve as a Compliance Solution Provider. Ultimately, we propose a ‘framework’ to support the development and evaluation of Compliance Solutions aligned with the EC’s Recommendations and internationally recognized standards on verification schemes and chain of custody (CoC) programmes.

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