Info Report Check
Submission incomplete:
1: The DOE is requested to indicate if all relevant national/sectoral policies/circumstances for the baseline identification are listed in the PDD as per VVM v1.2 paragraph 87 (d).
In doing so, the DOE shall elaborate the details of the national legislation about gas emission (Oil and Gas Regulation 2002, Section 193; Oil and Gas Act 1998, Section 124), e.g the specific limits of gas flaring/venting. In addition, the DOE shall also clarify whether the associated gas flared/vented in the baseline is within the limits or not.

2: The DOE is requested to state that the estimates in the PDD are reasonable for data and parameters that are monitored during implementation and are available after validation as per VVM v1.2 paragraph 91.
In particular, the DOE shall confirm that the estimated emission reductions are based on estimates provided in the survey used for defining the terms of the underlying oil production target as per the production sharing contract as per the requirement in AM0009, version 5, page 12.

3: The DOE is requested to include information on how it has validated the input values to the financial calculations as per VVM v 1.2 paragraph 114 (a).
In particular, 1) the gas volume available for sale considering no validation opinion was provided on the gas volume to be used by the project activity, and the gas volume from other sources at Central Processing Facilities (CPF) including venting (0.02 MMscfd), low-pressure flaring (1.2 MMscfd) and the gas available at the back-pressure valve (0.4 MMscfd). In addition, the input value should be listed in the PDD with other values used in the IRR calculation; 2) CAPEX (11.8 million USD) and gas price considering the two values have no been crosschecked.