Abstract
Having committed in 2023 to reducing methane emissions by 30% by 2030, Kazakhstan plans to update its legislation on this greenhouse gas, focusing on improving its emission monitoring, reporting, and verification systems for emissions, using the example of subsidiaries and affiliates of NC KazMunayGas JSC. In the context of sustainable development and climate change mitigation, accurate measurement and transparent reporting of methane emissions are becoming key elements of effective environmental policy. The article provides an overview of approaches to calculating methane emissions based on the national methodology and in accordance with the requirements of OGMP 2.0, organized by UNEP. The implementation of this article is necessary not only to meet national and corporate commitments, as exemplified by NC KazMunayGas JSC , but also in connection with the entry into force of the new European Union regulation on methane emission reduction. The data on methane emissions for the KMG group of companies for 2023 and 2024 are presented, calculated using the national methodology and OGMP 2.0. The measures required to fulfill international commitments and improve the accuracy of methane emissions accounting in the oil and gas industry are outlined. Key areas for improving national regulation of methane emissions in the oil and gas industry have been identified.