OGCI Climate Investments announces Venture Day “Towards Zero Methane Emissions”
Houston, Pratima Rangarajan, CEO of OGCI Climate Investments, announced at CERAWeek, that the company’s first Venture Day “Towards Zero Methane Emissions” would be held on Monday, June 25, 2018 in Washington DC.
OGCI Climate Investments is committing up to USD $20 million to invest in technologies and business ideas that have the potential to significantly reduce methane emissions across the energy value chain and that can be commercialised and deployed at scale.
OGCI Climate Investments and their venture partners are inviting companies with promising technologies and/or business models in the areas of methane detection, measurement and mitigation, along the energy value chain, to submit their ideas or funding proposals. Ten to fifteen companies will be selected to present at the Venture Day. Successful applicants will benefit from funding, technical expertise, and potential piloting and deployment opportunities.
Pratima Rangarajan, CEO of OGCI Climate Investments, said “Natural gas is an excellent source of power, heat and raw materials for everyday life. Any leaks across production, distribution and use will result in emissions of methane, a key greenhouse gas that causes climate change. We are committed to stopping the leaks and moving toward zero methane emissions. Join us with technologies and solutions”.
Methane emissions reduction is one of OGCI Climate Investments’ focus areas in addition to carbon capture, utilisation and storage, energy efficiency and transport efficiency.
As discussed in the HPI Market Data 2019 report, published in November by Gas Processing & LNG’s sister publication, Hydrocarbon Processing, rising propane and ethane supplies in the US have been enabled by greater production of shale gas.
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Regional Focus: Challenges of scaling up Africa’s LNG production
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GasPro 2.0: A Webcast Symposium
The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.
During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.
October 25, 2018 08:30 AM CDT