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ScoredCDMFugitiveNigeriaRegistry: RegisteredGeneral Methodologyv2.1

Pan Ocean Gas Utilization Project

Developer: Pan Ocean Oil Corporation

CDM-2029 ↗

#12of 83 in Nigeria#2464of 4481 in CDM (UNFCCC)

Assessment

CarbonMeld document-based assessment

01020304 Overall 5.2 / 10
Integrity 🔒 Transparency 🔒 Claim Safety 🔒 Documentation 🔒
Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Scored2026-09-23medium confidence

evidence:13/13registry documents analyzed · 4red flags

Generated by CarbonMeld Analysis Pipeline · Methodology · Editorial Policy · About the System
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Analysis

The Pan Ocean Gas Utilization Project in Nigeria is a CDM fugitive gas project with VVB-confirmed additionality, but suffers from significant baseline over-estimation (actual reductions are 59–82% below PDD projections), questionable 0% leakage treatment, and multiple post-registration design changes. The project is delivering far less than originally estimated, which is conservative for the credit buyer but raises questions about the robustness of the underlying project design and monitoring.

Red Flags

4 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

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Detailed Analysis

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Evidence

Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    Not published

    This registry does not publish CORSIA eligibility per project.

  • Integrity label (ICVCM CCP)

    No ICVCM information

    No CCP label and no ICVCM decision found for this project's methodology.

  • Removal or reduction

    Not determined

    The registry data do not say whether these credits are removals or reductions.

  • Paris Agreement (Article 6)

    Not published

    This registry does not publish Article 6 authorizations.

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Credit Vintages

IssuedRetiredAvailable
2011
310,4970310,497
2012
1,151,17601,151,176
2013
265,6690265,669
2016
578,9030578,903
Total2,306,24502,306,245

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Profile & governance

Analysis ProvenanceGeneral Methodologyv2.1
Methodology·Editorial Policy·About the System

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