Methane, the key constituent of natural gas, is a potent greenhouse gas when emitted to the atmosphere unburned. In recent years there have been international, national and provincial efforts to reduce methane emissions. On Jan. 26, the Government of Saskatchewan announced support for three new projects that will reduce methane emissions, increase gas processing capacity and create jobs. The projects qualify for the Saskatchewan Petroleum Innovation Incentive (SPII) and the Oil and Gas Processing Investment Incentive (OGPII), which provide a percentage of transferable royalty credits once private funding has been dedicated and facilities have been built. “These projects, including one that’s first of its kind in the province, are already creating jobs,” Energy and Resources Minister Bronwyn Eyre said in a release. “They support Saskatchewan’s economic recovery and the environment at the same time, by capturing and commercializing methane, rather than venting or
Regina– Methane, the key constituent of natural gas, is a potent greenhouse gas when emitted to the atmosphere unburned. In recent years there have been international, national and provincial efforts to reduce methane emissions. On Jan. 26, the Government of Saskatchewan announced support for three new projects that will reduce methane emissions, increase gas processing capacity and create jobs. The projects qualify for the Saskatchewan Petroleum Innovation Incentive (SPII) and the Oil and Gas Processing Investment Incentive (OGPII), which provide a percentage of transferable royalty credits once private funding has been dedicated and facilities have been built. “These projects, including one that’s first of its kind in the province, are already creating jobs,” Energy and Resources Minister Bronwyn Eyre said in a release. “They support Saskatchewan’s economic recovery and the environment at the same time, by capturing and commercializing methane, rather t
Saskatchewan Advances Methane Reductions
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by: Dale Lunan
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Saskatchewan Advances Methane Reductions
The Canadian province of Saskatchewan said January 26 it would provide financial support for three projects that will reduce methane emissions, increase natural gas processing and create jobs.
Funding will come from two provincial initiatives, the Saskatchewan Petroleum Innovation Incentive (SPII) and the Oil and Gas Processing Investment Incentive (OGPII), which provide a certain level of transferable royalty credits once private funding has been dedicated and facilities built.
“These projects, including one that’s first of its kind in the province, are already creating jobs,” the province’s energy and resources minister, Bronwyn Eyre, said. “They support Saskatchewan’s economic recovery and the environment at the same time, by capturing and commercialising methane, rather than venting or flaring it.”