The Latin American and Caribbean Methane Emissions Observatory (OEMLAC), promoted by OLADE, is positioned as an initiative that contributes to strengthening the necessary conditions in the region's countries to manage methane emissions in the energy sector and thus advance compliance with international climate commitments. Within this framework, the development of projects focused on the decarbonization of productive activities associated with the oil and gas industry, which incorporate circularity approaches and generate economic, social, and environmental benefits, are gaining relevance and offering the sector opportunities to improve its competitiveness in domestic, regional, and global markets. Therefore, this panel will explore the progress made in the low-emission natural gas certification process led by OLADE, the regional initiatives to reduce methane emissions associated with the natural gas production chain, and the challenges identified in the industry in reaching new markets.
