A global standard for measuring global energy reserves and resources – the UNFC By Sigurd Heiberg, Vice chairperson, UNECE Committee on Sustainable Energy Corporate Strategy and Acquisitions, StatoilHydro ASA

2 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March The UNFC and the project value chain G4 G3 G2 G1 Sales G3 G2 G1 Non-sales E3 F2 F3 E1 E3 Exploration projects Potentially commercial and non-commercial projects F3 F4 F1 F2 Commercial projects E2 E1 E3

3 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March 2009 The United Nations Framework Classification for Fossil Energy and Mineral Resources 2009 Drawing by Martin Blystad

4 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March Norpipe Emden Teesside St Fergus Frigg Ekofisk 20% 40% 60% fields Gas transport and terminals, oil recovery and flared gas

5 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March Norpipe Emden Teesside St Fergus Frigg Statfjord Kårstø Ekofisk 20% 40% 60% fields Gas transport and terminals, oil recovery and flared gas

6 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March Europipe I Norpipe Emden Teesside Franpipe Zeebrugge Zeepipe I St Fergus Frigg Statfjord Kårstø Kollsnes Ekofisk Sleipner Troll Dunkerque Heidrun Haltenpipe 20% 40% 60% fields Gas transport and terminals, oil recovery and flared gas

7 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March 2009 Melkøya Snøhvit Nyhamna Europipe II Europipe I Norpipe Emden Teesside ÅTS Norne Åsgard Haltenpipe Heidrun Franpipe Zeebrugge St Fergus Frigg Statfjord Kårstø Kollsnes Ormen Lange Easington Sleipner Troll Dunkerque Kristin Haltenpipe Vesterled Ekofisk Langeled Zeepipe I % 40% 60% fields Gas transport and terminals, oil recovery and flared gas

8 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March 2009 Energy to Europe Sattelite image by NASA Flared gas in 2002

9 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March 2009 Government cash flow from petroleum Source: Norwegian Public Accounts/National Budget

10 Sixty-third Session of the Economic Commission for Europe, Geneva 30. March 2009 Recommendation Source: City lights by NASA The Commission request governments and encourage industry to adopt and apply the United Nations Framework Classification for Fossil Energy and Mineral Resources in accordance with UN- ECOSOC Resolution 2004/233.