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Procurement Number
0002009371
Title
Support to Achieving Methane Emissions Reduction in MCT Region
Description
The IFC CMCAE team aims to support the MCT countries to accelerate the execution of the Global Methane Pledge (GMP) and fulfill the countries’ climate goals. The IFC team intends to work with partners and donors to mobilize investments to support achieving full methane mitigation potential in MCT countries’ oil and gas sector, and catalyze investment in additional methane emissions reduction opportunities across sectors.
The immediate objective of this consultancy is to: (i) contribute to the design of methane emissions reduction roadmap of public and private (policy) actions and investments meant to help signatories of the GMP meet their commitments; (ii) help state-owned companies comply with the requirements of the OGMP 2.0 and other norms or standards under the GMP; (iii) contribute to IFC project documentation which could be developed to help MCT countries reduce methane emissions of their upstream oil and gas operators consistently with the objectives of the GMP.
Category
· 90 - CONTRACT CONSULTANTS
Project Country
· AE - United Arab Emirates
· AF - Afghanistan
· IL - Israel
· IR - Iran, Islamic Republic of
· JO - Jordan
· KG - Kyrgyz Republic
· KW - Kuwait
· KZ - Kazakhstan
· LB - Lebanon
· PK - Pakistan
· YE - Yemen
· SA - Saudi Arabia
· TJ - Tajikistan
· TM - Turkmenistan
· TR - Turkiye
· UZ - Uzbekistan
Capabilities
· Energy and Extractives: Oil and Gas
Material Group
· 90.41 - OPERATIONAL - ENGINEERING ADVISORY SVCS
This procurement is for legal services (Please upload the clearance from your Legal representative before proceeding with the engagement of Legal Services.)
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Publication Date
05/28/2024 12:00 AM EDT
EOI Deadline
06/11/2024 11:59 PM EDT
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IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org.
The Regional and Country Advisory & Economics Unit (CMCAE) is part of the Middle East, Central Asia, Turkey, Afghanistan, and Pakistan (MCT) Regional Vice Presidency Unit, and provides economic analysis and support for IFC operational teams to help them develop strategies, advisory, and operations that have high development impact.
In line with the Paris Agreement, moving economies to a more sustainable growth path and achieving global climate goals will require massive new investments in green technologies and sustainable methods of production. The public sector will not be able to meet these needs, especially given their constrained fiscal space following the response to the COVID pandemic. Significantly reducing global warming and adapting to new climate realities necessarily requires the full mobilization of the private sector. Consequently, IFC is adjusting its engagement in client countries to help mobilize the necessary private capital to address climate change and attain country goals as set out in their respective Nationally Determined Contributions (NDC). To this end, the MCT region is seeking to take proactive action to facilitate private sector investment in clean technologies that have the potential to significantly reduce GHG emissions, while providing a demonstration effect for scalability and replicability across countries.
The MCT region comprises countries that flare and vent gas. (1) Reducing methane emissions from “venting” in gas production sites and coal mines or as “fugitive leaks” from elsewhere and (2) decreasing CO2 emissions from gas “flaring” in oil production sites are crucial for achieving global climate targets. Given the harmful potency of these emissions, interventions to reduce emissions are an immediate priority to address climate change. With natural gas prices at historic highs, flaring and venting gas represents a massive loss of economic value. Bringing this gas to market could also offer relief to very tight gas markets and, in many cases, could do so faster than investing in new supply.
To simplify and accelerate the execution of the GMP in the MCT region, IFC CMCAE team aims to provide governments with asset-by-asset investment plans to be financed by sponsors. The GMP counts tens of sponsors, including MDBs, who are helping governments acquire methane emission monitoring systems, establish carbon prices for oil and gas operations, and develop national gas management plan. Yet, it is a challenge for governments to develop the shopping list of technology that would them reduce methane emission. There is a large asymmetry of information and capacity between government officials and oil and gas operators indeed.
The indicative scope of work includes but is not limited to the following components.
1. Component 1: Identify and cost the roadmap of investments that governments need to undertake to develop the capacity to execute the GMP.
The vendor will perform pre-market assessment for the acquisition of methane emissions monitoring technologies in selected MCT countries, and help governments develop the capacity to manage methane emissions associated with oil and gas flaring and venting. More specifically, the vendor will identify and cost reliable measurement systems and provide information on market providers.
1) The concept screening will identify the range of relevant measurement systems for selected MCT countries. Such systems should be recognized by oil and gas operators, provide reliable information, and be cost effective. They may include satellite imagery, plane or drone, ground-based sensors, etc.
2) Once identified, the concepts will be screened based on the accuracy of the measurements, the affordability of the solution, and the speed of deployment of the proposed solution at current government capacity. Importantly, the concept screening will be done country by country in the MCT region since the volume of methane emissions differ from one country to the next and the affordability of the system of measure will greatly depend on the potential CO2 savings. The objective of the screening is to identify the most relevant systems and their costs, and not to present the optimal system.
3) Procurement type and suppliers. This activity will articulate whether the system of measure should be provided in the form of a rental service or acquisition of goods by one or more countries. In countries where methane emissions are relatively low, the rental service or shared acquisition might be the best option.
4) Once clarified, this activity will scope the markets where governments could procure the service or acquire the system of measure. This will be particularly important for systems of measures that are offered by a limited number of suppliers. Ideally, all systems of measure could be procured through competitive tenders. One important criteria of selection of bidders will be the knowledge-transfer plan offered to the government’s team who will operate the measurement system.
5) Changes in the legal and regulatory context that are needed to operate the system of measure will be identified. Where changes are needed to operate system such as drone equipment, recommendations will be made on how to proceed with the amendment needed. Benchmarks to existing regulation could be provided if relevant.
2. Component 2: Identify—asset by asset—the list of relevant concepts that could be engineered, procured, and operated by oil and gas companies to reduce methane emissions due to venting or flaring.
1) Geo-mapping and analysis of methane emissions due to oil and gas flaring and venting. This activity will use open source and proprietary geocoded data to geo-map methane emissions country by country and asset by asset. It will analyze these volumes of methane emitted and identify polluters site by site. This geo-mapping will provide the information needed to focus the analysis on the largest polluters.
2) Concept screening and selection. This work will identify and cost the list of concepts that could be engineered, procured, and operated by the oil and gas company to reduce methane venting and flaring emission. It will then provide a screening analysis based on the abatement potential of the concepts and their cost. This screening analysis will provide the list of relevant concepts that could be adopted to reduce emissions in a cost-effective manner. This list will be provided to governments in the MCT region to help them understand the financial efforts and expected impact on GHG emissions that they would be asking their investors to do if they decided to accelerate the implementation of the global methane pledge in their countries.
3) Key challenges: This part of the analysis will clarify the “invisible costs” that would be incurred to implement the different concepts selected. To this end, the analysis will clarify the loss of revenues that would be incurred during the shutdown of oil and gas operations needed to implement the proposed concepts. Given the volatility of oil and gas prices this assessment will be provided in barrels of oil equivalent (BOE).
4) E&S guidance: This activity will identify material Environmental, Health, and Safety (EHS) risk (if any) that should be considered for the engineering and the operation of the proposed concepts. Where possible, the analysis will clarify whether the legal, regulatory, and contractual framework is sufficient to manage these risks.
3. Component 3: Stakeholder engagement activities with state-owned companies on the compliance with OGMP 2.0.
Under this component, the vendor will engage with the state-owned oil and gas companies of selected MCT countries, and provide ad-hoc support on the companies’ compliance with OGMP 2.0, such as
support the drafting of OGMP 2.0 reporting, brainstorm how the company will achieve the “gold standard” of reporting, etc.
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Qualification Criteria
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Provide information showing that they are qualified in the field of the assignment. |
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Provide information on the technical and managerial capabilities of the firm. |
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