Marco Alverà, President of GasNaturally and CEO of SNAM, explains how natural gas can contribute to reaching the EU's climate and energy targets by reducing emissions, tackling energy poverty and integrating renewables into the energy system.
The Paris Agreement on climate change is a landmark international agreement which caps global warming. Many campaigners argue that the United Nations deal spells the end for polluting fossil fuel industries.
“These targets are realistic, fair and flexible,” EU Commissioner for Climate Action and Energy Miguel Arias Cañete said on Wednesday after the EU unveiled national targets for cutting greenhouse gases by 2030.
LUKOIL is one of the major international oil and gas companies that accounts for more than 2% of the world's oil production and around 1% of the proven hydrocarbon reserves. Every day millions of consumers in more than 30 countries worldwide buy LUKOIL’s products, energy and heat, improving the quality of their life.
While having the full production cycle, LUKOIL exercises full control over the whole production chain — from oil and gas production to petroleum product sales. LUKOIL's goal is to create new value, maintain high profitability and stability of its business, deliver high return on capital employed for its shareholders by increasing the value of the LUKOIL's assets and the payment of cash dividends.
To achieve these goals, LUKOIL shall use all available opportunities, including further efforts to reduce costs, increase the efficiency of its operations, improve the quality of its products and services and use new advanced technologies.
Taking social responsibility for the efficient use of natural resources in all its earnestness and maintaining favorable environmental conditions in its business, LUKOIL is guided by the highest HSE standards. In its operations the LUKOIL pursues the sustainable development principles and seeks to achieve a good balance between socio-economic and environmental development.
LUKOIL’s corporate mission is to make the energy of natural resources serve the interests of mankind, to efficiently and responsibly develop the unique hydrocarbon fields by providing Company growth, the wellbeing of its employees and community at large.