The United Nations Framework Classification for Resources (UNFC) is a system to compare resource projects across all resource types, including oil and gas. Projects are assessed in their environmental-social-economic viability, technical feasibility and risks. The resulting transparency allows decision-makers and other stakeholders in governments, finance, corporate and the public at large, to fulfil their environmental-social-economic responsibility, in alignment to the Sustainable Development Goals (SDGs), by choosing which resource projects to mature, to approve and finance and subsequently how to manage the resources in an integrated manner.
This webinar will present the status and outlook on the application of UNFC to petroleum resources
- Development of Petroleum Resource Specifications and Guidelines (PRSG)
- Case studies on the application of UNFC to petroleum resources
- Bridging between UNFC and national systems
- Q & A
Speakers:
- Professor Satinder Purewal, Imperial College London and Chair, Petroleum Working Group – Moderator - Opening remarks
- Ms. Barbara Pribyl, Santos Limited, Australia – UNFC Petroleum Specifications and Guidelines
- Mr. Eduardo Simón Burgos , Head of Reserves and Mr. Eduardo Meneses-Scherrer, Deputy Director of Information and Statistics , National Hydrocarbons Commission (CNH), Mexico - Digital tool for petroleum project evaluation using UNFC
- Ms. Yang Hua, China National Petroleum Corporation (CNPC), China - Case Study on Bridging from the National Standard of the People’s Republic of China Classification for Petroleum Resources/Reserves to UNFC
- Mr. Mohammad Al-Ghanemi, Kuwait Oil Company - Case study on application of UNFC, Kuwait