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Rated

Pan Ocean Gas Utilization Project

Standard
CDM
Methodology
AM0009 (CDM)
Registry
CDM-2029 ↗ · Registered
Country
Nigeria
Credit type
Fugitive
Developer
Pan Ocean Oil Corporation
Worked comparison example (English)

CarbonMeld's document-based rating gives Pan Ocean Gas Utilization Project (CDM-2029) 5.1 out of 10 (Moderate rating) under CarbonMeld methodology v3, documents read on 7 Nov 2026. The analysis read 10 of the 13 registry documents. It is CarbonMeld's own assessment, not a rating given by the registry or the standard.

Assessment

CarbonMeld document-based rating

010203 Document-based rating 5.1 / 10
Additionality 🔒 Quantification 🔒 Claim safety 🔒
The dimension values are in Premium — the faint arcs are empty tracks, not zero values.

Document-based rating

5.1/10

Moderate rating (5.0 to 6.4)

Evidence coverage: medium

How solid the credit is, as far as the registry's public documents show. Additionality and quantification start from a public grade; permanence starts at 5.0, the neutral point, where none applies, and claim safety always does.

Methodology v3 · documents read on 7 Nov 2026

Starting point

  • Additionality: CCQI's score for this type of project
  • Quantification: CCQI's score for this type of project
  • Claim safety: neutral (5.0) — no public grade of this type of project applies

Rules that raised the number: 1

Rules that lowered the number: 1

Each rule, with the fact and the source it rests on, is in the Premium analysis.

Not counted in the number

  • The oldest vintage still on sale, the content of the safeguards and the verifier's quality: not among the facts read

Analysed on 7 Nov 2026Latest verified period ends:

evidence: 10/13 registry documents read

Generated by CarbonMeld Analysis Pipeline · Methodology · Editorial Policy · About the System
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How this analysis was made

Standard
CDM (UNFCCC) How our current method reads projects of this standard
Methodology
AM9 (per the registry) How our current method reads projects of this type
Our method
CarbonMeld methodology v3 · documents read on 7 Nov 2026 · 10/13 registry documents read

Analysis

Pan Ocean Gas Utilization Project (Nigeria) recovers associated gas from oil fields that would otherwise be flared or vented and delivers it for use (three-stage compression and treatment (consisting of dehydration, refrigeration) facility... design feed rate: 135 mmscfd... Phase 2... name plate capacity of Phase 2 is 200 mmscfpd) under AM9 (per the registry); registry status Registered (CDM), 2,306,245 credits issued in 2011–2016. The documents name SGS United Kingdom Ltd as validation / verification body. The documents estimate 2,626,735 tCO2e per year. The latest verification report (2012-09-01 – 2013-11-30) verifies 578,903 tCO2e. The monitoring report for the same period reports 611,675 tCO2e. The latest monitoring period achieved 18% of its ex-ante estimate (per the monitoring report).

Eligibility & market

Under decision 4/CMP.20 of the Parties to the Kyoto Protocol (FCCC/KP/CMP/2025/7/Add.1, paragraph 5), the submission of requests for issuance of new CERs was discontinued as of 30 June 2026; requests to transfer CERs to the Article 6.4 mechanism registry, cancellations and any other transactions in the CDM registry are discontinued as of 31 December 2026. This page keeps the project's record and our analysis.

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

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: project sector

    Covers: the project type, not a label on individual credits

  • 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

Methodology versions used

The methodology version stated in each monitoring, verification and issuance document, by period, compared with the official methodology pages.

  1. 2010–2011AM0009 v2.1since replaced by v7.0

    monitoring report

    official page · verified on

  2. 2011AM0009 v2.1since replaced by v7.0

    monitoring report

    official page · verified on

  3. 2011AM0009 v2.1since replaced by v7.0

    monitoring report

    official page · verified on

  4. 2011AM0009 v2.1since replaced by v7.0

    monitoring report

    official page · verified on

  5. 2011–2012AM0009 v2.1since replaced by v7.0

    monitoring report

    official page · verified on

  6. 2012AM0009 v2.1since replaced by v7.0

    monitoring report

    official page · verified on

  7. 2012–2013AM0009 v2.1since replaced by v7.0

    monitoring report + verification report

    official page · verified on

  • AM0009: Active (CDM / UNFCCC) · official page · verified on

A version is shown only when the document's own text writes it next to the methodology code. Current versions, status and CCP ranges come from the official pages linked, checked on the date shown.

Documents on the registry

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Profile & governance

Methodology·Editorial Policy·About the System·Carbon credit ratings explained·Carbon credit due diligence checklist

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Cite this page

CarbonMeld (2026). Pan Ocean Gas Utilization Project (CDM-2029): CarbonMeld document-based rating, methodology v3, documents read on 7 Nov 2026. https://carbonmeld.com/projects/pan-ocean-gas-utilization-project/.

The citation names the rating by its methodology version and the day the documents were read.

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The dimension values of the rating, every rule that raised or lowered the number with the fact and the source it rests on, the negative facts' detail and quotes, and 13 registry documents (10 read).

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