Contents
Article 4Calculation methodology of the individual pro-rata contribution of obligated entities#
1.In accordance with Article 23(1) of Regulation (EU) 2024/1735 and for the purpose of the pro-rata calculation, the production of crude oil and natural gas is normalised in kilo-tonne oil equivalent.
2.The share of the individual pro-rata contribution of each obligated entity is calculated on the basis of the following formula in kilo-tonne oil equivalent:(Total production 1 January 2020 – 31 December 2023 of the obligated entity) / (total production 1 January 2020 – 31 December 2023 of all obligated entities) × 100 = % of 50 million tonnes of annual CO2 injection capacity
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