The European Fuel Quality Directive (FQD) obliges European fuel suppliers to reduce the GHG intensity of their fuel production. To achieve those reduction targets, the companies can make use of emission reduction projects in their upstream activities (before the fuel reaches a refinery).
Energy Ventures has been developing Upstream Emission Reduction (UER) projects for Gas Flare reduction based on FlareOut® flare recovery units. We have a pipeline of 8 projects
at different development stages.
Energy Ventures is the only service provider that combines a proprietary technical solution - FlareOut® - with project development and emission credits generation, giving customers a single point accountable partner in this field. We were involved in the development of the first project approved in Nigeria.