We are pleased to announce that Tamboran Resources Limited, a public natural gas company operating in Australia and the Asia-Pacific region, has recently joined Methane Guiding Principles (MGP).
Established in 2009, Tamboran Resources Limited is committed to supporting the net-zero transition in Australia and the Asia-Pacific region. They aim to achieve this by developing low-reservoir CO2 unconventional gas resources in the Northern Territory of Australia.
Tamboran has established a target of net-zero scope one and two greenhouse gas emissions on the commencement of commercial production. This target encompasses methane emissions, and Tamboran aims to utilize innovative technologies like renewables, batteries, and carbon capture and storage in the design of their facilities.
“Tamboran is proud to join the Methane Guiding Principles and looks forward to working on the shared goal of reducing methane emissions.”Joel Riddle, CEO, Tamboran Resources Limited
By joining MGP, Tamboran joins an association comprising 50 signatories, including major oil and gas producers, and supporting organizations. This collective is committed to reducing methane emissions throughout the gas supply chain. Launched in 2017 by a coalition of industry and civil society organizations, MGP focuses on five key areas of action to combat methane emissions and foster collaboration between industry and government. Members build on the foundation of five key principles to develop and share hands-on interactive tools and guidance to help others learn from experience and put those lessons into practice.