Strategy

Carbon management plan for the period until 2035

In pursuing its climate agenda, Rosneft focuses on protecting the environment in line with Russia’s Energy Strategy to 2035 and the Paris Agreement goals.

In 2020, we approved the Carbon Management Plan for the period until 2035 underlying our environmental agenda to contribute to low-carbon economy. It covers climate risk management and seeks to unlock opportunities associated with future demand for energy.

The Carbon Management Plan also seeks to find potential ways of achieving carbon neutrality by 2050.

2035 targets Planned emission reduction initiatives
Reducing emissions
-20 mmt of СО2 eq.
  • Analysis, development and piloting of technology solutions for carbon sequestration, production and use of blue hydrogen at our refineries
  • Further progress of our Energy Saving Programme ('continuous improvement’)
Cutting the methane emissions intensity <0.25%
  • Cutting-edge technologies for APG injection and utilisation
  • Potential offered by underground storage facilities, depleted fields and their infrastructure
  • Rosneft is considering the use of renewable energy sources in greenfield projects
СО2 upstream unit emissions -30%
  • We intend to cut the methane emissions intensity by implementing innovative technologies, including:
    • drones
    • laser and thermal imaging devices
    • scanning technologies
    • ultrasonic detectors
Routine flaring of associated petroleum gas 0
  • Zero routine flaring of associated petroleum gas will be achieved through further implementation and augmentation of the gas investment programme
Natural absorption additionally lowering emissions
Biosequestration
Unlocking the biosequestration potential of Russia’s forests and a massive reforestation and ecosystem preservation programme will open up additional opportunities to offset greenhouse gas emissions.