NPC is fully committed to reducing greenhouse gas (GHG) emissions and has implemented a comprehensive model to address this issue.
In line with this commitment, NPC initiated an optimization project that yielded substantial savings in terms of GHG emissions and enhanced energy efficiency. Additionally, NPC has proactively addressed the primary environmental operational risk associated with offshore hydrocarbon storage (FSO). By replacing the FSO with a more efficient delivery system, NPC redirected hydrocarbons to an existing storage and shipping facility. The cost of this initiative totaled $15 million.
NPC collaborated with key stakeholders, including the Hurghada Governorate and GANOPE, to jointly initiate a national strategic project aimed at co-planting over 1000 acres of desert land. This project aimed to address the treatment of 150,000 cubic meters of sewage water while incorporating carbon capture techniques. The total cost of the project amounted to 1 billion Egyptian pounds. Additionally, NPC signed a three-year Corporate Social Responsibility Protocol with the Governor of the Red Sea, pledging $150,000 for various health initiatives in local communities to address urgent needs.
In a concerted effort to combat greenhouse gas emissions, NPC took decisive actions, including:
GHG/Energy Efficiency Modeling and Management System.
Utility Gas Capture Implementation with $1 million investment.
Reforestation Project of 2000 acres of land aimed at enhancing carbon sequestration. This initiative would capture approximately 7500 tons of carbon dioxide annually, thereby offsetting a significant portion of NPC’s carbon footprint.
Capital Piping Project with a budget of $15 million to address the primary environmental risk within their operations. By upgrading infrastructure and implementing advanced piping systems, NPC effectively minimized emissions associated with their operations, further reducing their overall environmental impact.