The Petroleum Technology Alliance Canada has been granted In addition, by designing and testing new valves with fewer parts, the new system could potentially reduce installation and operating costs for industry, NRCan said. CAD2.1m ( $1.6m ) in funding from Natural Resources Canada to develop an electric valve system that could reduce oil and gas operations' methane emissions by thousands 3.3 million mt in 2025 . Linear Motion Technologies Canada , which is supporting the project, said the system could help the industry meet its 45% methane reduction target by five years .
The Petroleum Technology Alliance Canada has been granted CAD2.1m ( $1.6m ) in funding from Natural Resources Canada to develop an electric valve system that could reduce oil and gas operations' methane emissions by thousands 3.3 million mt in 2025 . Linear Motion Technologies Canada , which is supporting the project, said the system could help the industry meet its 45% methane reduction target by five years .