Proprietary & Confidential Pace Global LLC i

2010 Greenhouse Gas Emissions Inventory Report

Prepared for:

Overseas Private Investment Corporation

April 10, 2012
Proprietary & Confidential Pace Global LLC i

TABLE OF CONTENTS

Introduction.................................................................................................................................................... 9

Background............................................................................................................................................... 9

Baseline Development.............................................................................................................................. 9

2008-2009 Inventory Development ........................................................................................................ 10

2010 Emissions Inventory....................................................................................................................... 10

Methodology................................................................................................................................................ 11

2010 Initial Screen .................................................................................................................................. 11

Initial Short List ....................................................................................................................................... 12

Tier A (Power Generation) Facility Inventory Estimates......................................................................... 13

Tier B Facility Inventory Estimates ......................................................................................................... 13

Tier C Facility Inventory Estimates ......................................................................................................... 14

Annual Review of Inventory Estimates ................................................................................................... 14

Results ........................................................................................................................................................ 15

Appendix A – Project Emissions Calculations ............................................................................................ 21

Appendix B – Active Projects...................................................................................................................... 52

Appendix C – Conversions and Sources .................................................................................................... 72

Appendix D – Annotated Bibliography ........................................................................................................ 73
Proprietary & Confidential Pace Global LLC ii

TABLES

Table 1: Initial Short List – As of September 30, 2011 ................................................................... 12

Table 2: 2010 OPIC GHG Emissions Inventory Estimates by Project............................................ 16

Table 3: Active Projects – As of September 30, 2011 .................................................................... 52
Proprietary & Confidential 9 Pace Global LLC 

INTRODUCTION

Background

Pace Global performed an independent analysis to quantify the greenhouse gas (GHG) emissions from 

Overseas Private Investment Corporation (OPIC) supported projects. GHGs are atmospheric compounds 

that trap the sun’s infrared radiation or heat. In excess quantities, GHGs are linked to numerous impacts 

to the global climate and the environment as a whole. As a result, programs are being developed and 

implemented at regional and local levels to address and reduce GHG emissions from human generated

sources. OPIC annually commissions an inventory of GHG emissions from projects they support that are 

or have the potential to be significant emitters. 

This report presents the analysis undertaken to quantify GHG emissions from OPIC-supported projects 

that were active as of September 30, 2011 and emit over 25,000 short tons of carbon dioxide equivalent 

(CO2) annually. This report, developed by Pace Global, presents emissions for the 2010 calendar year 

and is the fourth annual inventory of GHG emissions from OPIC-supported projects. 

Baseline Development

The first inventory of GHG emissions from OPIC projects was conducted for the 2007 calendar year. To 

develop the initial baseline inventory, Pace Global conducted a screen of OPIC supported projects to 

develop an initial list from the complete project list for the 2007 calendar year. The scope of the analysis 

included direct emissions from on-site emissions sources associated with operations of OPIC-supported 

projects. Excluded were indirect emissions related to purchased electricity or steam, chemical releases, 

or the past construction of facilities. After further analysis of environmental data and project descriptions, 

Pace Global narrowed this initial list to a short list of projects that had the potential to emit greater than 

100,000 short tons CO2 per annum from direct fossil fuel combustion. The maximum Potential to Emit 

(maximum PTE) was then estimated for this short list of projects based on available project information, 

which varied by project, but included a combination of fuel consumption data, the amount of electricity 

generated (in kWh), generating capacity, relative project sizes, and an assumed operating capacity of 

8,000 hours per year (unless otherwise noted). OPIC solicited verification from the individual project 

sponsor to support the accuracy of the estimates and assumptions and to ascertain 2007 operational 

emissions data. 

The 2007 inventory consisted of project sponsor provided information where responses were received 

and Pace Global’s estimates for the projects’ maximum potential to emit (MPTE) for projects where 

sponsor feedback was not received at the time of reporting for the 2007 year inventory report (March 

2009). Pace Global incorporated a 5% buffer to accommodate emissions that were not accounted for

such as emissions from projects that emit less than 100,000 tons per year. The baseline 2007 OPIC 

inventory emission estimate for projects exceeding 100,000 short tons CO2 per annum was 51,949,179

short tons CO2.

 

The baseline emissions estimate was revised in the 2009 inventory to account for a reporting discrepancy 

from one of the projects, Various Egypt Subsidiaries (Apache). Apache mistakenly reported its emissions 

in relation to its equity share of the project (49 percent) for the baseline year. However, OPIC requires 

that 100 percent of emissions be accounted for, regardless of equity share. The discrepancy was rectified 

to ensure consistency with OPIC’s GHG accounting methodology. 
Proprietary & Confidential 10 Pace Global LLC 

2008-2009 Inventory Development

For 2008, Pace Global conducted a screen of GHG emissions from OPIC supported projects. Pace 

Global incorporated a 5% buffer to accommodate any additional minimal emissions that were not 

accounted for in the inventory. Total GHG emissions for 2008 projects emitting over 100,000 short tons 

CO2 were 35,097,142 short tons CO2. The 2008 emissions estimate was revised in the 2009 inventory to 

account for a reporting discrepancy from one of the projects, Apache, as described in the section above. 

Both the baseline and 2008 estimates have been revised from those numbers reported in the 2007 and 

2008 inventories reflecting the corrected estimates. 

The 2009 inventory applied a similar screening methodology to that of 2008. However, for 2009, the GHG 

threshold was lowered from 100,000 short tons CO2 to 25,000 short tons CO2. As a result, OPIC began 

reporting emission estimates for projects that emit between 25,000 and 100,000 short tons CO2. The 5% 

buffer that was applied in 2007 and 2008 was modified to take into consideration the projects that emit 

between 25,000 and 100,000 short tons CO2, which accounted for 0.7% of total emissions in 2009. 

Therefore, Pace Global incorporated a 4.3% percent buffer to accommodate for any emissions that were 

not accounted for in the inventory. Total GHG emissions for projects in 2009 that emitted over 25,000 

short tons of CO2 were 33,952,754 short tons CO2.

2010 Emissions Inventory 

Pace Global replicated this process for the 2010 calendar year with a short list of projects that were active 

as of September 30, 2011, the closing date for Fiscal Year 2011. All projects that had already been 

determined to be below the 25,000 short ton threshold for inclusion in prior annual inventories were 

excluded in the initial screen for the 2010 list. Included in the list were projects that were both new to the 

list in 2010 and projects that became active in FY 2011. Pace Global then narrowed this list to those 

projects that exceeded the 25,000 short tons CO2 per annum threshold. To support the accuracy of the 

estimates, OPIC solicited additional information and verification of project-specific assumptions from the 

projects’ individual sponsors. Sponsors were given 30 days to reply to the solicitation with additional 

project details and 2010 operational emissions estimates. When sponsor feedback was unavailable, the 

2009 estimate was used to reflect 2010 emissions. As was done for 2009, OPIC calculated emission 

estimates for projects emitting between 25,000 and 100,000 short tons CO2. These projects accounted 

for 0.7% of total emissions in 2010. Therefore, Pace Global incorporated approximately a 4.3 percent 

buffer to accommodate for any minimal emissions that were not accounted for in the inventory. The 

estimated total for OPIC’s 2010 GHG inventory is 34,543,566 short tons CO2. 

This report presents the GHG emissions results for OPIC projects in 2010. Next year, Pace Global will 

review and update the information pertaining to emissions attributable to OPIC-supported projects for the 

2011 calendar year (2012 fiscal year), and identify and report differences from the emissions estimates 

presented in the initial inventory report.
Proprietary & Confidential 11 Pace Global LLC 

METHODOLOGY

2010 Initial Screen

For 2010, Pace Global screened all of OPIC’s affiliated active projects from the complete active project 

list provided by OPIC (See, Appendix B, for the complete list of projects analyzed). The scope of the 

analysis included emissions from the direct combustion of fossil fuels from projects that would result in 

over 25,000 short tons of CO2 emitted per year. Emissions associated with electricity usage, industrial 

processes, and/or refrigerants were excluded. Based on the criteria below, Pace Global developed a 

short list of projects (See Table 1) that warranted a more detailed analysis to determine whether or not 

the given projects exceeded the threshold for inclusion. The initial screen relied on the following criteria. 

 Projects that were active as of September 30, 2011; 

 Projects that were determined, through the additional analysis performed in the 2007, 2008 and 

2009 inventories, to emit or have the potential to emit over 25,000 short tons CO2 per year; and 

 New projects with which OPIC was affiliated as of FY 2011 in the energy, oil and gas, 

transportation, mining, manufacturing, and construction sectors. These sectors were chosen 

because facilities which are of sufficient size in these sectors have the potential to directly emit 

over 25,000 short tons CO2 per year.

Projects in the finance/banking, insurance, and service sectors were omitted from further analysis 

because the majority of emissions from these sectors are attributable to electricity usage, which is outside 

the scope of this inventory.

After discussing and reviewing project details with OPIC for additional information regarding specific 

projects, Pace Global identified that there were 54 projects that could potentially reach or surpass the 

emissions threshold for inclusion in the inventory. Pace Global vetted and finalized emission calculations 

for these projects and included them into the 2010 inventory. Only one of the new projects on the short 

list for 2010 was determined to have the potential to emit over the threshold for inclusion (TB Air Drilling 

Associates).
Proprietary & Confidential 12 Pace Global LLC 

Initial Short List

Table 1: Initial Short List – As of September 30, 2011

Project Name Country Sector

TB-AIR DRILLING ASSOCIATES ALL OPIC COUNTRIES Energy - Oil and Gas

MTKVARI HPP, LLC GEORGIA Energy - Power

Seaboard Corporation Haiti Manufacturing 

HAITI 360 HAITI Manufacturing 

NORTHERN GULF RENTALS LIMITED IRAQ Construction

K&M Group of Companies, LLC Jordan Manufacturing 

ECO-METROPOLITAN DEVELOPMENT CO. LTD. KENYA Construction 

Seaboard Corporation Madagascar Manufacturing 

GN BEVERAGES MONGOLIA Manufacturing 

CAFR-BEL PAPYRUS LIMITED NIGERIA Manufacturing 

TPL PROPERTIES (PVT) LIMITED PAKISTAN Construction 

CG Solutions Global Holding Company Ukraine Energy - Power 

Adapazari Elektrik Uretim Turkey Energy - Power

AES Jordan Jordan Energy - Power

AES Nigeria Nigeria Energy - Power

Doga Enerji Turkey Energy - Power

Gaza Private Generating PLC Gaza Energy - Power

Gebze Elektrik Uretim Turkey Energy - Power

Grenada Electricity Services (WRB) Grenada Energy - Power

Habibullah Coastal Power Pakistan Energy - Power

Isagen SA Columbia Energy - Power

Izmir Elektrik Uretim Turkey Energy - Power

Jorf Lasfar Energy Morocco Energy - Power

NEPC Consortium Power Bangladesh Energy - Power

Paiton Energy Indonesia Energy - Power

Pakistan Water & Power Authority Pakistan Manufacturing

Termovalle SCA Columbia Energy - Power

Trakya Elektrik Uretim Turkey Energy - Power

Accroven SRL Venezuela Energy – Oil and Gas

Baku-Tblisi-Ceyhan Pipeline Azerbaijan Energy – Oil and Gas

E.P. Interoil Papua New Guinea Energy – Oil and Gas

Equate Petrochemical Kuwait Manufacturing

Foxtrot International Cote d'Ivoire Energy – Oil and Gas

Natural Gas Liquids II Financing Nigeria Energy - Power

Various Egypt Subsidiaries (Apache)[2] Egypt Energy – Oil and Gas

West Africa Gas Pipeline Ghana Energy Oil and Gas

Wilpro Energy Services (El Furrial) Venezuela Energy – Oil and Gas

Wilpro Energy Services (Pigap) Venezuela Energy – Oil and Gas
Proprietary & Confidential 13 Pace Global LLC 

Coeur D Alene Mines Corp Bolivia Mining

E.P. InterOil Papua New Guinea Energy – Oil and Gas

Israeli Electric Israel Energy – Oil and Gas

Jose Lindley Peru Manufacturing

Kalahari Gas Corporation Botswana Energy – Oil and Gas

Kidwell International Vietnam Energy – Oil and Gas

Lukoil Rpk Vysotsk Russia Energy – Oil and Gas

Maksan Manisa Turkey Manufacturing

National Power Corp Philippines Energy - Power

Palco Poland Manufacturing

Joshi Technologies / Parko Services Colombia Energy – Oil and Gas

The Powersource Group Philippines Energy - Power

Transnational Automotive Cameroon Transportation

Wbc-Sfc Entergre Turkey Manufacturing

Zeta Gas Guatemala Energy – Oil and Gas

Contour Global - Togo Togo Energy - Power

Source: OPIC and Pace Global.

Tier A (Power Generation) Facility Inventory Estimates

Tier A projects are fossil-fuel-fired, power-generation projects that were on the short list and that emitted 

more than 100,000 short tons CO2. In 2010, thirteen projects were identified as Tier A projects. The 

maximum PTE for Tier A projects was based on an operating capacity of 8,000 hours per year (unless 

otherwise noted), fuel consumption data (where available), the facilities’ power generating capacity 

(MWe), and/or specific estimates of GHG emissions provided by the project sponsor (where available). 

While actual fuel consumption data yields the most accurate emissions estimates, this information was 

not available for nine Tier A projects. Therefore, when calculating emissions based on generation 

capacity alone, Pace Global derived estimates by calculating emissions based on capacity (MWe), and 

used a conversion efficiency factor obtained from the International Finance Corporation’s Guidance Note 

3. Other standard assumptions required to perform inventory calculations were obtained primarily from 

The Climate Registry’s General Reporting Protocol. A complete list of sources used to produce this 

analysis is included in the Annotated Bibliography in Appendix D. The data used in the calculations as 

well as the maximum PTE calculations are detailed in Appendix B. Details on conversion factors are 

presented in APPENDIX C. 

Tier B Facility Inventory Estimates

Tier B projects are defined as facilities in the oil and gas, mining, transportation, manufacturing, or 

construction sectors with annual GHG emissions estimated to be above 100,000 short tons CO2. Two

projects on the 2010 ‘short list’ were identified as Tier B facilities. Oil and gas sector project emissions 

were based on throughput, fuel consumption data, and/or GHG emissions data from similar facilities. 

GHG emissions from manufacturing projects were based on the energy requirements from similar 

facilities and/or processed volumes. All maximum PTE estimates assume an operating capacity of 8,000 

hours per year, unless otherwise noted. When emissions data from similar facilities was necessary to 

perform a calculation, the data was obtained from credible, published information sources. A complete list 

of data sources used to produce this analysis is included in the Annotated Bibliography in Appendix D. 

The data used in the calculations as well as the estimated calculations are detailed in Appendix B. 
Proprietary & Confidential 14 Pace Global LLC 

Tier C Facility Inventory Estimates

Tier C projects are those projects that emitted less than 100,000 short tons CO2, but greater than 25,000 

short tons CO2. The initial screen excluded the following types of projects:

 Projects already known to exceed 100,000 short tons from the baseline inventory analysis;

 Projects in sectors not known to have emissions exceeding the threshold for inclusion, including: 

tourism, agriculture, finance, and services;

 Projects previously determined to be under the threshold for inclusion. 

Pace Global performed inventory calculations for projects included in the shortlist based on project 

descriptions as well as published data and emissions factors. Appendix A presents projects and 

associated emissions that were included in the greater than 25,000 short tons CO2 inventory.

Annual Review of Inventory Estimates

Pace Global will review OPIC’s portfolio annually to determine if projects should be removed or added to 

the GHG inventory calculation. Pace Global will quantify the impacts of annual operational changes 

against the maximum PTE estimate and will utilize the above methodology to screen these additional 

projects in order to effectively to estimate GHG emissions going forward.

 
Proprietary & Confidential 15 Pace Global LLC 

RESULTS

OPIC’s 2010 GHG Inventory is 34,543,566 short tons CO2equivalent, based on sponsor feedback and maximum PTE when sponsor comments 

were unavailable. 
Proprietary & Confidential 16 Pace Global LLC 

Table 2: 2010 OPIC GHG Emissions Inventory Estimates by Project

Tier A Projects

Project Name Location Description

Capacity / 

Throughput Fuel Type

Maximum 

PTE[1]

(short tons 

CO2)

2007 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

2008 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

FINAL 2009 

Emissions 

(short tons 

CO2)

FINAL 2010 

Emissions 

(short tons 

CO2)

Adapazari Elektrik 

Uretim

Turkey

Combined 

Cycle

777 MW

Natural 

Gas

2,706,499 2,106,754 2,106,754 2,441,657 2,426,053

AES Jordan Jordan

Combined 

Cycle

10,103,603 

MMBtu/yr

Natural 

Gas

1,288,809 N/A 590,940 1,318,130[2]1,434,569

AES Nigeria Nigeria

Engine-Based 

Power 

Generation

270 MW

Natural 

Gas

1,603,307 1,166,398 1,341,157 988,271 949,754

Doga Enerji Turkey

Combined 

Cycle

180 MW

Natural 

Gas

816,057 740,762 740,762 672,014 655,981

Gaza Private 

Generating PLC

Gaza

Combined 

Cycle

136.4 MW

Natural 

Gas

487,657 293,804 303,535 325,926 228,627[3]

Gebze Elektrik Uretim Turkey

Combined 

Cycle

1554 MW

Natural 

Gas

5,412,998 4,121,923 4,121,923 4,794,979 4,833,330

Grenada Electricity 

Services (WRB)

Grenada

Engine-Based 

Power 

Generation

18 MW

Diesel 

(Fuel Oil)

104,604 114,571 121,156 141,127 135,237

Habibullah Coastal 

Power

Pakistan

Combined 

Cycle

140 MW

Natural 

Gas

487,658 447,880 447,880 Not Active Not Active

Isagen SA Columbia

Combined 

Cycle

300 MW

Natural 

Gas

696,654 203,010

 Below 

Threshold 

300,706 305,181

Izmir Elektrik Uretim Turkey

Combined 

Cycle

1554 MW

Natural 

Gas

5,412,998 4,694,380 4,694,380 4,300,376 4,739,787

 

1 Note that the maximum PTE was calculated for projects that had detailed data as well as for those with sparse data. For those projects with minimal data available, the maximum PTE may be less than the 2007 emissions for which more 

information became available from the project sponsors

2 Net power generated increased (with an associated energy usage increase from 10,103,603 in 2008 to 22,536,748 MMBtu in 2009). This generation increase was responsible for the emissions increase. 
Proprietary & Confidential 17 Pace Global LLC 

Tier A Projects

Project Name Location Description

Capacity / 

Throughput Fuel Type

Maximum 

PTE[1]

(short tons 

CO2)

2007 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

2008 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

FINAL 2009 

Emissions 

(short tons 

CO2)

FINAL 2010 

Emissions 

(short tons 

CO2)

Jorf Lasfar Energy Morocco Steam Boiler 1356 MW Coal 14,268,496 14,268,496 Not Active Not Active Not Active

NEPC Consortium 

Power

Bangladesh

Engine-Based 

Power 

Generation

313,105 

MMBtu/yr

Natural 

Gas & 

HFO

383,159 245,795 343,581 255,734 297,068[3]

Paiton Energy Indonesia Steam Boiler 1220 MW Coal 7,938,380 9,553,044 9,553,044 9,624,125 9,854,076

Pakistan Water & 

Power Authority

Pakistan

Combined 

Cycle

150 MW

Natural 

Gas

522,490 522,490 522,490 283,937[3]283,937[3]

Termovalle SCA Columbia

Combined 

Cycle

205 MW

Natural 

Gas

714,070 Below Threshold Below Threshold 223,983[4]223,983[4]

Trakya Elektrik Uretim Turkey

Combined 

Cycle

478 MW

Natural 

Gas

1,818,912 1,747,956 Not Active Not Active Not Active

 

3 2009 emissions are significantly lower due to fewer reported operating hours.

4 2009 emissions are significantly higher due to increased reported operating hours (however, the plant still operated at significantly lower capacity than its maximum capacity).
Proprietary & Confidential 18 Pace Global LLC 

Tier B Projects

Project Name Location Description

Capacity / 

Throughput

Fuel 

Type

Maximum 

PTE[1]

(short tons 

CO2)

2007 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

2008 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

FINAL 2009 

Emissions (short 

tons CO2)

FINAL 2010 

Emissions 

(short tons 

CO2)

Accroven SRL Venezuela NGL Facility 800 MMscfd

Natural 

Gas

998,677 998,677 445,832 Not Active Not Active

Baku-TblisiCeyhan Pipeline

Azerbaijan

Crude Oil 

Pipeline

1 million 

barrels 

crude oil

Natural 

Gas & 

Diesel

699,034 707,672 707,672 787,577 723,214

E.P. Interoil

Papua New 

Guinea

Crude Oil 

Refinery

32,500 

barrels/day

Crude 

Oil

802,469 392,296 103,247 79,709[5]75,928[5]

Equate 

Petrochemical

Kuwait

Petrochemical 

Facility

1540 

MMBtu/hr

Natural 

Gas

720,573 720,573 680,311 Not Active Not Active

Foxtrot 

International

Cote 

d'Ivoire

Gas Extraction 

& Pipeline

100 MMscfd

Natural 

Gas

270,804 104,484 104,484 104,484

Below 

Threshold[6]

Lukoil Rpk 

Vysotsk

Russia Oil

14 million 

tons per 

annum

Oil & 

Natural 

Gas

107,184 70,767[5] 70,767[5] 76,339[5] 97,117[5]

Natural Gas 

Liquids II 

Financing

Nigeria NGL Facility 19.5 MMscfd

Natural 

Gas

390,806 244,048 244,048 Not Active Not Active

Various Egypt 

Subsidiaries 

(Apache)[7]

Egypt

Oil/Gas 

Extraction & 

Processing

29,934,702 bbl/yr 

& 89,910 

MMscf/yr

Oil & 

Natural 

Gas

2,429,543 3,071,933 3,244,190 3,294,654 3,465,842

 

5 Even though emissions are below the threshold, the project has the potential to emit greater than the threshold and has therefore, been included.

6 In 2010, Foxtrot operated for a minimal period of time and thus had corresponding GHG emissions below the established threshold of 25,000 tons.

7 In 2007 and 2008, Apache reported their emissions in relation to their equity share of the project (49%). Since OPIC accounts for 100% of a project's emissions regardless of the Sponsor’s equity share, the project’s emissions were 

correspondingly increased. As a result, emissions data will more than double in comparison to the project sponsor data in order to calibrate the inventory according to OPIC standards.
Proprietary & Confidential 19 Pace Global LLC 

Tier B Projects

Project Name Location Description

Capacity / 

Throughput

Fuel 

Type

Maximum 

PTE[1]

(short tons 

CO2)

2007 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

2008 Sponsor 

Reported 

Emissions 

Baseline (short 

tons CO2)

FINAL 2009 

Emissions (short 

tons CO2)

FINAL 2010 

Emissions 

(short tons 

CO2)

West Africa Gas 

Pipeline

Ghana

Gas 

Compression & 

Transmission

190 MMscfd

Natural 

Gas

244,728 Not Active Not Active 244,728 91,451[5]

Wilpro Energy 

Services (El 

Furrial)

Venezuela

Gas 

Compression

60 MW

Natural 

Gas

289,106 289,106 289,106 Not Active Not Active

Wilpro Energy 

Services (Pigap)

Venezuela

Gas 

Compression

100 MW

Natural 

Gas

507,923 571,090 571,090 Not Active Not Active

Tier C Projects

Project Name Location Description

FINAL 2009 Emissions (short 

tons CO2)

FINAL 2010 Emissions 

(short tons CO2)

Jose Lindley Peru Manufacturing 25,000 25,000

Joshi Technologies / Parko 

Services

Colombia Oil 30,398 57,826

 
Proprietary & Confidential 20 Pace Global LLC 

Totals

2007 Sponsor 

Reported Emissions 

Baseline (short tons 

CO2)

2008 Sponsor 

Reported 

Emissions Baseline 

(short tons CO2)

FINAL 2009 Emissions 

(short tons CO2)

FINAL 2010 

Emissions (short 

tons CO2)

Tier A: 40,227,263 24,887,602 25,670,965 26,367,582

Tier B: 7,170,646 6,460,747 4,587,491 4,453,552

Tier C: - - 55,398 82,826

Subtotal: 47,397,909 31,348,349 30,313854 30,903,960

Latin America Power III Funds:[8]2,077,500 2,077,500 2,077,500 2,077,500

5% Buffer for Additional Sources: 2,473,770 1,671,292 - -

4% Buffer for Additional Sources:[9]- - 1,561,400 1,562,106

TOTAL: 51,949,179 35,097,142 33,952,754 34,543,566

Source: Pace Global

 

8 Per agreement between Latin American Power III and OPIC, the Fund agreed to “not make an investment in a Portfolio Company if after such investment, the assets and operations of all Portfolio Companies then held by the Fund 

would emit (in the aggregate and on a calendar year basis) in excess of 2,077,500 short tons CO2 as calculated in accordance with the IPCC.”

9 [(Tier A + Tier B+ Latin America Power III Funds) * 5%] – Tier C
Proprietary & Confidential 21 Pace Global LLC 

APPENDIX A – PROJECT EMISSIONS CALCULATIONS

This Appendix contains the inputs, sources of those inputs, and calculations used to estimate the 

emissions for each of the projects in OPIC’s 2010 GHG Inventory. If sponsor feedback was submitted, the 

2007, 2008, 2009 and 2010 operational emissions estimates were also included.

TIER A PROJECTS – BASED ON SPONSOR-PROVIDED CONSUMPTION

AES Jordan 

Maximum Potential to Emit Estimate

AES Jordan’s emissions estimate of 1,288,809 short tons CO2 was calculated using the following 

information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 370 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 1,288,809 short tons CO2 per year

370MW * 1000kW * 8000hr * 395gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

AES Jordan was under construction and not operational during 2007. Since emissions from construction 

would be below the 100,000 short ton threshold this project has been omitted from the 2007 inventory.

2008 Operational Emission Estimate Based On Sponsor Feedback

AES Jordan’s emissions estimate of 590,940 short tons CO2 for 2008 was calculated using the following 

information: 

Data Value Source

Fuel Type Natural Gas Project Sponsor

Net Energy Generated 10,103,603 MMBtu Project Sponsor

Emission Factor 53.06 kg CO2/MMBtu TCR, Table 12.1

Consumption-based emissions = 590,940 short tons CO2 per year

10,103,603 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg

2009 Operational Emission Estimate Based On Sponsor Feedback

AES Jordan’s emissions estimate of 1,318,130 short tons CO2 for 2009 was calculated using the 

following information: 
Proprietary & Confidential 22 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Sponsor

Net Energy Generated 22,536,748 MMBtu Project Sponsor

Emission Factor 53.06 kg CO2/MMBtu TCR, Table 12.1

Consumption-based emissions = 1,318,130 short tons CO2 per year

22,536,748 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg

2010 Operational Emission Estimate Based On Sponsor Feedback

AES Jordan’s emissions estimate of 1,434,569 short tons CO2 for 2010 was calculated using the 

following information: 

Data Value Source

Unit 1 Emissions 678,706,541 kgCO2 Project Sponsor

Unit 2 Emissions 622,726,311 kgCO2 Project Sponsor

Consumption-based emissions = 1,434,569 short tons CO2 per year

(678,706,541 kgCO2 + 622,726,311 kgCO2) * 0.0011023 short tons

kg

Doga Enerji 

Maximum Potential to Emit Estimate

Doga Enerji’s emissions estimate of 816,057 short tons CO2 was calculated using the following 

information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 180 MW Project Description

Consumption 48,000 m3/hour Project Description

Heat Content Natural Gas 1,029 Btu/scf The Climate Registry, Table 12.1

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Conversion Factor 251.98 cal/Btu Perry’s Chemical Engineering Hand 

Book, Table 1-7

Consumption-based maximum potential to emit = 816,057 short tons CO2 per year

48000m3 * 8000hr * scf * 1029Btu * __MMBtu__ * 53.06 kgCO2 * 0.0011023 short tons

 hr yr 0.02832m3 scf 1000000Btu MMBtu kg
Proprietary & Confidential 23 Pace Global LLC 

2007 Operational Emission Estimate Based On Sponsor Feedback

Doga Enerji’s 2007 operational-emissions of 740,762 short tons CO2 was calculated using the following 

information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 180 MW Project Description

Annual Fuel Consumption 347,644,124 Sm3 Project Actual Data 2007

Heat Content Natural Gas 9180 kcal/Sm3 Agreement with local Natural Gas 

supplier (BOTAS)

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Consumption-based emissions = 740,762 short tons CO2 per year

347644124 Sm3 * 9180 kcal * 1 Btu * 1000 cal * __MMBtu__ * 53.06 kgCO2 * 0.0011023 short tons

 yr Sm3 251.98 cal kcal 1000000Btu MMBtu kg

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors have not changed. 

2009 Operational Emission Estimate Based On Sponsor Feedback

Doga Enerji’s operational emissions of 672,014 short tons were calculated using the following 

information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 180 MW Project Description

Annual Fuel Consumption 300,402,594 Sm3 Project Actual Data 2009

Heat Content Natural Gas 9,371 kcal/Sm3 Agreement with local Natural Gas 

supplier (BOTAS)

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Consumption-based emissions = 672,014 short tons CO2 per year

300,402,594 Sm3 * 9,371 kcal * 1 Btu * 1000 cal * __MMBtu__ * 53.06 kgCO2 * 0.0011023 short tons

 yr Sm3 251.98 cal kcal 1000000Btu MMBtu kg

2010 Operational Emission Estimate Based On Sponsor Feedback

Doga Enerji’s operational emissions of 655,981 short tons were calculated using the following 

information:
Proprietary & Confidential 24 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 180 MW Project Description

Annual Fuel Consumption 300,108,019 Sm3Project Actual Data 2010

Heat Content Natural Gas 9,417 kcal/Sm3Agreement with local Natural Gas 

supplier (BOTAS)

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Consumption-based emissions = 655,981 short tons CO2 per year

300,108,019 Sm3* 9,417 kcal * 1 Btu * 1000 cal * __MMBtu__ * 53.06 kgCO2 * 0.0011023 short tons

 yr Sm3 251.98 cal kcal 1000000Btu MMBtu kg

Grenada Electricity Services (WRB) 

Maximum Potential to Emit Estimate

Grenada Electricity Services (WRB)’s emissions estimate of 104,604 short tons CO2 was calculated 

using the following information: 

Data Value Source

Fuel Type Diesel (Fuel Oil) Project Description

Capacity 18 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

659 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 104,604 short tons CO2 per year

18MW * 1000kW * 8000hr * 659 gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

Grenada Electricity Services (WRB)’s 2007 operational-emissions of 114,571 short tons CO2 was 

calculated using the following information:

Data Value Source

Fuel Type Diesel (Fuel Oil) Project Description

Fuel Consumption 10,821,042 gallons Project Sponsor

Heat Rate 8013 Btu/kWh Project Sponsor

Diesel LHV 70302 Btu/kg Project Sponsor

Energy Generated 117,323,661 kWh Project Sponsor

Emissions Factor 73.15 kg CO2/MMBtu The Climate Registry, Table 12-1

2007 Emissions 114,571 short tons Project Sponsor

Consumption-based emissions = 114,571 short tons CO2 per year
Proprietary & Confidential 25 Pace Global LLC 

2008 Operational Emission Estimate Based On Sponsor Feedback

Grenada Electricity Services (WRB)s 2008 operational-emissions of 121,156 short tons CO2 was 

calculated using the following information:

Data Value Source

Fuel Type Diesel (Fuel Oil) Project Description

Fuel Consumption 11,436,588 gallons Project Sponsor

Heat Rate 8006 Btu/kWh Project Sponsor

Diesel LHV 40306 Btu/kg Project Sponsor

Energy Generated 187,689,464 kWh Project Sponsor

Emissions Factor 73.15 kg CO2/MMBtu The Climate Registry, Table 12-1

2008 Emissions 121,156 short tons Project Sponsor

Consumption based emissions = 121,156 short tons CO2 per year

2009 Operational Emission Estimate Based On Sponsor Feedback

Grenada Electricity Services (WRB)’s 2009 operational-emissions of 141,127 short tons CO2 was 

calculated using the following information:

Data Value Source

Fuel Type Diesel (Fuel Oil) Project Description

Operating Hours 8,760 Project Description

Fuel Consumption 11,905,997 US gallons Project Sponsor

Heat Rate 8,458 kJ/kWh or 8,016 BTU/kWh Project Sponsor

Diesel LHV 42,400 kJ/kg or 40,188 BTU/kg Project Sponsor

Energy Generated 194,279,333 kWh Project Sponsor

Emissions Factor 659 grams CO2 The Climate Registry, Table 12-1

Consumption-based emissions = 141,127 short tons CO2 per year

659 gCO2 * 194,279,333 kWh * 0.0000011023 short tons

 Yr kg

2010 Operational Emission Estimate Based On Sponsor Feedback

Grenada Electricity Services (WRB)’s 2010 operational-emissions of 135,237 short tons CO2 was 

calculated using the following information:

Data Value Source

Emissions (Fuel input based) 135,237 short tons CO2 Project Sponsor

Consumption-based emissions = 135,237 short tons CO2 per year
Proprietary & Confidential 26 Pace Global LLC 

Paiton Energy 

Maximum Potential to Emit Estimate

Paiton Energy’s emissions estimate of 7,938,380 short tons CO2 was calculated using the following 

information: 

Data Value Source

Fuel Type Coal Project Description

Capacity 1,200 MW Project Description

Consumption 4,300,000 short tons/yr Project Description

Coal Type Sub-Bituminous IEA, Coal in Indonesia in 2006

Heat Content Coal 17.25 MMBtu/short ton The Climate Registry, Table 12.1 

Emission Factor 97.09 kg CO2/MMBtu The Climate Registry, Table 12.1 

Consumption-based maximum potential to emit = 7,938,380 short tons CO2 per year

4,300,000 short tons * 17.25 MMBtu * 97.09 kgCO2 * 0.0011023 short tons

 yr short ton MMBtu kg

2007 Operational Emission Estimate Based On Sponsor Feedback

Paiton Energy’s 2007 operational-emissions of 9,553,044 short tons CO2 was calculated using the

following information:

Data Value Source

Fuel Type Coal Project Description

Capacity 1,200 MW Project Description

Consumption 4,694,238,000 kg Project Sponsor

Coal Type Sub-Bituminous IEA, Coal in Indonesia in 2006

Heat Content Coal 17.25 MMBtu/short ton The Climate Registry, Table 12.1 

Emission Factor 97.09 kg CO2/MMBtu The Climate Registry, Table 12.1 

Consumption-based emissions = 9,553,044 short tons CO2 per year

4,694,238,000 kg * short ton * 17.25 MMBtu * 97.09 kg CO2 * short ton .

 907.18 kg short ton MMBtu 907.18 kg

2008 Operational Emission Estimate Based On Sponsor Feedback

Sponsor provided 2010 data rather than data for 2008. As a result, the 2008 estimate defaults to 2007 

data.

2009 Operational Emission Estimate Based On Sponsor Feedback

Paiton Energy’s 2009 operational emissions estimate of 9,624,125 short tons CO2 was calculated using 

the following information:
Proprietary & Confidential 27 Pace Global LLC 

Data Value Source

Fuel Type Coal Project Description

Capacity 1,220 MW Project Description

Consumption 4,505,417,000 kg Project Sponsor

Coal Type Sub-Bituminous IEA, Coal in Indonesia in 2006

Heat Content Coal 5,077 kcal/kg The Climate Registry, Table 12.1 

Moisture as Received 0.255 2009 yearly average

Ash as Received 0.023 2009 yearly average

C(ultimate analysis) 0.732 2009 yearly average

CO2 Molecular Weight 44 EPA

C Atomic Weight 12 EPA

Consumption-based emissions = 9,624,125 short tons CO2 per year

(4,505,417,000 kg * 44/12 * 0.732 * (1-(0.255+0.023))) * 0.0011023 short ton

kg

2010 Operational Emission Estimate Based On Sponsor Feedback

Paiton Energy’s 2010 operational emissions estimate of 9,854,076 short tons CO2 was provided as 

follows:

Data Value Source

2010 Emissions 9,854,076 short tons Project Sponsor
Proprietary & Confidential 28 Pace Global LLC 

TIER A PROJECTS – BASED ON CAPACITY / HEAT CONTENT 

(CONSUMPTION DATA NOT AVAILABLE)

Adapazari Elektrik Uretim 

Maximum Potential to Emit Estimate

Adapazari Elektrik Uretim’s emissions estimate of 2,706,499 short tons CO2 was calculated using the 

following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 777 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 2,706,499 short tons CO2 per year

777MW * 1000kW * 8000hr * 395gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

Adapazari Elektrik Uretim’s 2007 operational-emissions of 2,106,754 short tons CO2 was calculated 

using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 777 MW Project Description

2008 Emissions 1,911,247.2 metric tonnes Project Sponsor

For the purpose of this baseline calculation, we are assuming the 2007 operating year was similar to the 

2008 operating year, for which emissions data was provided; therefore, 2007 operational emissions = 

2,106,754 short tons CO2 per year

1,911,247.2 metric tonnes * short ton .

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

Sponsor feedback provided last year for 2007 was also applicable to 2008. As a result, there is no 

change in emissions.

2009 Operational Emission Estimate Based On Sponsor Feedback

Adapazari Elektrik Uretim’s 2009 operational-emissions of 2,441,657 short tons CO2 was calculated 

using the following information:
Proprietary & Confidential 29 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 777 MW Project Description

2008 Emissions 2,215,071 metric tonnes Project Sponsor

Capacity-based emissions = 2,441,657 short tons CO2

2,215,071 metric tonnes * short ton .

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

Adapazari Elektrik Uretim’s 2010 operational-emissions of 2,426,053 short tons CO2 was calculated 

using the following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 777 MW Project Description

2010 Emissions 2,200,915 metric tonnes Project Sponsor

Capacity-based emissions = 2,426,053 short tons CO2

2,200,915 metric tonnes * short ton .

 0.9072 metric tonnes

AES Nigeria Barge 

Maximum Potential to Emit Estimate

AES Nigeria Barge’s emissions estimate of 1,603,307 short tons CO2 was calculated using the following 

information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 270 MW Project Description

Consumption 80 Mcf/day Project Description

Heat Content Natural Gas 1,029 Btu/scf The Climate Registry, Table 12.1

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Consumption-based maximum potential to emit = 1,603,307 short tons CO2 per year

80Mcf * 333days * 1029Btu * 53.06 kgCO2 * 0.0011023 short tons

 day yr scf MMBtu kg

2007 Operational Emission Estimate Based On Sponsor Feedback

AES Nigeria Barge’s 2007 operational-emissions of 1,166,398 short tons CO2 was calculated using the 

following information:
Proprietary & Confidential 30 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 270 MW Project Description

Consumption 58.165 Mcf/day Project Sponsor

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Consumption-based emissions = 1,166,398 short tons CO2 per year

58.165Mcf * 333days * 1029Btu * 53.06 kgCO2 * 0.0011023 short tons

 day yr scf MMBtu kg

2008 Operational Emission Estimate Based On Sponsor Feedback

AES Nigeria Barge’s 2008 operational-emissions of 1,341,157 short tons CO2 was calculated using the 

following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 270 MW Project Description

Consumption 66.92 Mcf/day Project Sponsor

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Consumption-based emissions = 1,341,157 short tons CO2 per year

66.92 Mcf * 333days * 1029Btu * 53.06 kgCO2 * 0.0011023 short tons

 day yr scf MMBtu kg

2009 Operational Emission Estimate Based On Sponsor Feedback

AES Nigeria Barge’s 2009 operational-emissions of 988,271 short tons CO2 was calculated using the 

following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 270 MW Project Description

Total Heat Input 16,896,970 MMBtu Project Sponsor

Emission Factor 53.06kg CO2/MMBtu The Climate Registry, Table 12.1

Capacity-based emissions = 988,271 short tons CO2 per year

16,896,970 MMBtu * 53.06 kgCO2 * 0.0011023 short tons

 MMBtu kg

2010 Operational Emission Estimate Based On Sponsor Feedback

AES Nigeria Barge’s 2009 operational-emissions of 949,754 short tons CO2 was calculated using the 

following information:
Proprietary & Confidential 31 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 270 MW Project Description

Emissions 861,617 metric tonnes CO2 Project Sponsor

Capacity-based emissions = 949,754 short tons CO2 per year

861,617 metric tonnesCO2 * 1 short ton * 

 0.9072 metric tonne

Gebze Elektrik Uretim 

Maximum Potential to Emit Estimate

Gebze Elektrik Uretim’s emissions estimate of 5,412,998 short tons CO2 was calculated using the 

following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 5,412,998 short tons CO2 per year

1554MW * 1000kW * 8000hr * 395gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

Gebze Elektrik Uretim’s 2007 operational emissions of 4,121,923 short tons CO2 was calculated using 

the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

2008 Emissions 3,739,408.4 metric tonnes Project Sponsor

For the purpose of this baseline calculation, we are assuming the 2007 operating year was similar to the 

2008 operating year, for which emissions information was provided; therefore 2007 operational emissions 

= 4,121,923 short tons CO2 per year.

3,739,408.4 metric tonnes * short ton .

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors for 2008 are the same as 2007.
Proprietary & Confidential 32 Pace Global LLC 

2009 Operational Emission Estimate Based On Sponsor Feedback

Gebze Elektrik Uretim’s 2009 operational emissions of 4,794,979 short tons CO2 was calculated using 

the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

2009 Emissions 4,350,005 metric tonnes Project Sponsor

Capacity-based maximum potential to emit = 4,794,979 short tons CO2 per year

4,350,005 metric tonnes * short ton .

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

Gebze Elektrik Uretim’s 2010 operational emissions of 4,833,330 short tons CO2 was calculated using 

the following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

2010 Emissions 4,384,797 metric tonnes Project Sponsor

Capacity-based maximum potential to emit = 4,833,330 short tons CO2 per year

4,384,797 metric tonnes * short ton .

 0.9072 metric tonnes

Pakistan Water & Power Development Authority 

Maximum Potential to Emit Estimate

Pakistan Water & Power Development Authority’s emissions estimate of 522,490 short tons CO2 was 

calculated using the following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 150 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 522,490 short tons CO2 per year

150MW * 1000kW * 8000hr * 395gCO2 * 0.0000011023 short tons

 MW yr kWh g
Proprietary & Confidential 33 Pace Global LLC 

2007 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, there are no changes to the maximum potential to emit estimate.

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors have not changed.

2009 Operational Emission Estimate Based On Sponsor Feedback

Pakistan Water & Power’s 2009 operational emissions of 283,937 short tons CO2 was calculated using 

the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 150 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Operating Hours 4,347 hours Project Description

Capacity-based emissions = 283,937 short tons CO2 per year.

257,588 metric tonnes * short ton \

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors were the same as 2009.

Termovalle SCA 

Maximum Potential to Emit Estimate

Termovalle SCA’s emissions estimate of 714,070 short tons CO2 was calculated using the following 

information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 205 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 714,070 short tons CO2 per year

205MW * 1000kW * 8000hr * 395 gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions were below the 100,000 short tons CO2 threshold and thus were not 

included.
Proprietary & Confidential 34 Pace Global LLC 

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions were below the 100,000 short tons CO2 threshold and thus were not 

included.

2009 Operational Emission Estimate Based On Sponsor Feedback

Termovalle SCA’s 2009 operating-emissions of 223,983 short tons CO2 was calculated using the 

following information:

Data Value Source

Fuel Type Natural Gas / Liquid Fuel Project Description

Capacity 89,241,050 MWh (Liquid Fuel)

365,534,360 MWh (Natural Gas)

Project Description

2008 Operating Hours 517.74 hrs Project Sponsor

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh using Natural Gas International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Emission Factor for Emissions 

Estimate from Capacity

695 g CO2/kWh using Liquid Fuel International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

89,241 MWh * 1000kW * 659gCO2 * 0.0000011023 short tons 

 MW kWh g

 +

365,534MWh * 1000kW * 359gCO2 * 0.0000011023 short tons

 MW kWh g

2010 Operational Emission Estimate Based On Sponsor Feedback

No additional data was available. The 2010 emissions estimate will default to the 2009 emissions 

estimate.

Isagen SA 

Maximum Potential to Emit Estimate

Isagen SA’s emissions estimate of 696,654 short tons CO2 was calculated using the following 

information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 200 MW + 100 MW from steam 

turbine

Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 696,654 short tons CO2 per year
Proprietary & Confidential 35 Pace Global LLC 

200MW * 1000kW * 8000hr * 395gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

Isagen SA’s 2007 operational-emissions of 203,010 short tons CO2 was calculated using the following 

information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 300 MW Project Description

2007 Emissions 184,171 metric tonnes Project Sponsor

Capacity-based emissions = 203,010 short tons CO2 per year

184,171 metric tonnes * short tons .

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions were below the 100,000 short tons CO2 threshold and, thus, were not 

included.

2009 Operational Emission Estimate Based On Sponsor Feedback

Isagen SA’s 2009 operational-emissions of 300,706 short tons CO2 was calculated using the following 

information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 300 MW Project Description

2009 Emissions 272,800 metric tonnes Project Sponsor

Capacity-based emissions = 300,706 short tons CO2 per year

272,800 metric tonnes * short tons .

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

Isagen SA’s 2010 operational-emissions of 305,181 short tons CO2 was calculated using the following 

information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 300 MW Project Description

2010 Emissions 276,860 metric tonnes Project Sponsor
Proprietary & Confidential 36 Pace Global LLC 

Capacity-based emissions = 305,181 short tons CO2 per year

276,860 metric tonnes * short tons .

 0.9072 metric tonnes

Izmir Elektrik Uretim 

Maximum Potential to Emit Estimate

Izmir Elektrik Uretim’s emissions estimate of 5,412,998 short tons CO2 was calculated using the 

following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 5,412,998 short tons CO2 per year

1554MW * 1000kWh * 8000hr * 395gCO2 * 0.0000011023 short tons

 MWh yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

Izmir Elektrik Uretim’s 2007 operational-emissions of 4,694,380 short tons CO2 was calculated using the 

following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

2008 Emissions 4,258,741.3 metric tonnes Project Sponsor

For the purpose of this baseline calculation, we are assuming the 2007 operating year was similar to the 

2008 operating year, for which emissions information was provided; therefore 2007 operational emissions 

= 4,694,380 short tons CO2 per year.

4,258,741.3 metric tonnes * short ton .

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors were the same as 2007.

2009 Operational Emission Estimate Based On Sponsor Feedback

Izmir Elektrik Uretim’s 2009 operational emissions of 4,300,376 short tons CO2 was calculated using the 

following information:
Proprietary & Confidential 37 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

2009 Emissions 3,901,301 metric tonnes Project Sponsor

Capacity-based emissions = 4,300,376 short tons CO2 per year

3,901,301 metric tonnes * short ton .

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

Izmir Elektrik Uretim’s 2010 operational emissions of 4,739,787 short tons CO2 was calculated using the 

following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 1554 MW Project Description

2010 Emissions 4,299,935 metric tonnes Project Sponsor

Capacity-based emissions = 4,739,787 short tons CO2 per year

4,299,935 metric tonnes * short ton .

 0.9072 metric tonnes

Gaza Private Generating PLC 

Maximum Potential to Emit Estimate

Gaza Private Generating PLC’s emissions estimate of 487,657 short tons CO2 was calculated using the 

following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 140 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 487,657 short tons CO2 per year

140MW * 1000kW * 8000hr * 395 gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

Gaza Private Generating PLC’s 2007 operational-emissions of 293,804 short tons CO2 was calculated 

using the following information:
Proprietary & Confidential 38 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 136.4 MW Project Sponsor

2007 Emissions 266,539 metric tonnes Project Sponsor

Capacity-based emissions = 293,804 short tons CO2 per year

266,539 metric tonnes * short ton .

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

Gaza Private Generating PLC’s 2008 operational-emissions of 303,535 short tons CO2 was calculated 

using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 136.4 MW Project Sponsor

2008 Emissions 275,367 metric tonnes Project Sponsor

Capacity-based emissions = 303,535 short tons CO2 per year

275,367 metric tonnes * short ton .

 0.9072 metric tonnes

2009 Operational Emission Estimate Based On Sponsor Feedback

Gaza Private Generating PLC’s emissions estimate of 325,926 short tons CO2 was calculated using the 

following information:

Data Value Source

Fuel Type LFO No.2 Project Description

Capacity 80 MW (2009 Capacity) Project Sponsor

2009 Emissions 295,680 metric tonnes Project Sponsor

Capacity-based emissions = 325,926 short tons CO2 per year

295,680 metric tonnes * short ton .

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

Gaza Private Generating PLC’s emissions estimate of 228,627 short tons CO2 was calculated using the 

following information:
Proprietary & Confidential 39 Pace Global LLC 

Data Value Source

Fuel Type LFO No.2 Project Description

Capacity 80 MW (2009 Capacity) Project Sponsor

2010 Emissions 207,410 metric tonnes Project Sponsor

Capacity-based emissions = 228,627 short tons CO2 per year

207,410 metric tonnes * short ton .

 0.9072 metric tonnes

NEPC Consortium Power 

Maximum Potential to Emit Estimate

NEPC Consortium Power’s emissions estimate of 383,159 short tons CO2 was calculated using the 

following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 110 MW Project Description

Emission Factor for Emissions 

Estimate from Capacity

395 g CO2/kWh International Finance 

Corporation, Guidance Note 3, 

Annex A section A-(i)

Capacity-based maximum potential to emit = 383,159 short tons CO2 per year

110MW * 1000kW * 8000hr * 395gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Operational Emission Estimate Based On Sponsor Feedback

NEPC Consortium Power’s 2007 operational emissions of 245,795 short tons CO2 was calculated using 

the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 110 MW with average dispatch of 

70.565 MW

Project Sponsor

2007 Emissions 222,985 metric tonnes Project Sponsor

Capacity-based emissions = 245,795 short tons CO2 per year

222,985 metric tonnes * short ton .

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

NEPC Consortium Power’s 2008 operating emissions of 343,581 short tons CO2 was calculated using 

the following information:
Proprietary & Confidential 40 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas & HFO Project Sponsor

Heat Content (HFO) 363,184 MMBtu / yr Project Sponsor

Heat Content (NatGas) 5,335,005 MMBtu / yr Project Sponsor

Capacity-based emissions = 343,581 short tons CO2 per year

363,184 MMBtu * 78.80 kg CO2 * 0.0011023 short tons + 5,335,005 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg MMBtu kg

2009 Operational Emission Estimate Based On Sponsor Feedback

NEPC Consortium Power’s 2009 operating-emissions of 255,734 short tons CO2 was calculated using 

the following information:

Data Value Source

Fuel Type Natural Gas & HFO Project Sponsor

Heat Content (HFO) 313,105 MMBtu / yr Project Sponsor

Heat Content (NatGas) 3,907,428 MMBtu / yr Project Sponsor

Capacity-based emissions = 255,734 short tons CO2 per year

313,105 MMBtu * 78.80 kg CO2 * 0.0011023 short tons + 3,907,428 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg MMBtu kg

2010 Operational Emission Estimate Based On Sponsor Feedback

NEPC Consortium Power’s 2010 operating-emissions of 297,068 short tons CO2 was calculated using 

the following information:

Data Value Source

Fuel Type Natural Gas & HFO Project Sponsor

Heat Content (HFO) 2,344,716 MMBtu / yr Project Sponsor

Heat Content (NatGas) 1,596,952 MMBtu / yr Project Sponsor

Capacity-based emissions = 297,068 short tons CO2 per year

2,344,716 MMBtu * 78.80 kg CO2 * 0.0011023 short tons + 1,596,952 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg MMBtu kg
Proprietary & Confidential 41 Pace Global LLC 

TIER B PROJECTS

Baku-Tblisi-Ceyhan Pipeline 

Maximum Potential to Emit Estimate

The Baku-Tblisi-Ceyhan Pipeline’s emissions estimate of 699,034 short tons CO2 was calculated for 

emissions related to the combustion of natural gas and diesel in the transportation of crude oil through the 

pipeline. We assume that the 180-Btu-per-short-ton-of-crude-oil-transport-per-mile energy-requirement is 

evenly split between natural gas and diesel. Baku’s emission estimate is based on the following 

information: 

Data Value Source

Fuel Type used for Transport Natural Gas and Diesel (dual fuel) Project Description

Pipeline Throughput 1 million barrels crude oil Project Description

Pipeline Length 1,760 km Project Description

Conversion Factors 1.6093 km/mile

7.3 lbs/gal (density of crude)

EPA AP 42, p.A-7

Energy Required for Pipeline 

Transport (Crude)

180 Btu/short ton crude oil per mile (for 

~40in. diameter pipeline)

Trans Alaska Pipeline EIS, p. 

4.9-2

Emissions Factors 53.06 kg CO2/MMBtu (natural gas)

73.15 kg CO2/MMBtu (diesel)

The Climate Registry, Table 

12.1

Maximum potential to emit = 699,034 short tons CO2 per year

1000000barrels * 333day * 7.3lbs * 42gal * short ton = 51,048,900 short tons crude/yr

 day yr gal barrel 2000lbs 

51048900short tons crude * 1760km * mile * 180Btu * MMBtu = 10,049,271 MMBtu/yr

 yr 1.6093km short ton-mile 1000000Btu

10049271MMBtu * 73.15 kg CO2 * 0.0011023 short tons * 0.5 = 405,153 short tons CO2/yr from diesel

 yr MMBtu kg

10049271MMBtu * 53.06 kg CO2 * 0.0011023 short tons * 0.5 = 293,881 short tonsCO2/yr from nat. gas

 yr MMBtu kg

 

2007 Operational Emission Estimate Based On Sponsor Feedback

The Baku-Tblisi-Ceyhan Pipeline’s 2007 operational-emissions of 707,672 short tons CO2 was 

calculated using the following information:

Data Value Source

2008 Emissions 642,000 metric tonnes Project Sponsor
Proprietary & Confidential 42 Pace Global LLC 

For the purpose of this baseline calculation, we are assuming the 2007 operating year was similar to the 

2008 operating year, for which emissions information was provided; therefore 2007 operational emissions 

= 707,672 short tons CO2 per year

642,000 metric tonnes * short ton .

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors did not change from 2007 to 2008.

2009 Operational Emission Estimate Based On Sponsor Feedback

The Baku-Tblisi-Ceyhan Pipeline’s 2009 operational emissions of 787,577 short tons CO2 was 

calculated using the following information:

Data Value Source

2009 Emissions 714,490 metric tonnes Project Sponsor

For the purpose of this calculation, we are assuming the 2009 operating year was similar to the 2007-

2008 operating year, for which emissions information was provided. 2009 operational emissions = 

787,577 short tons CO2 per year.

714,490 metric tonnes * short ton .

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

The Baku-Tblisi-Ceyhan Pipeline’s 2009 operational emissions of 723,214 short tons CO2 was 

calculated using the following information:

Data Value Source

2010 Emissions 656,100 metric tonnes Project Sponsor

For the purpose of this calculation, we are assuming the 2010 operating year was similar to the 2008-

2009 operating year, for which emissions information was provided. 2010 operational emissions = 

723,214 short tons CO2 per year.

656,100 metric tonnes * short ton .

 0.9072 metric tonnes

E.P. Interoil

Maximum Potential to Emit Estimate

E.P. Interoil’s emissions estimate of 802,469 short tons CO2 was calculated by utilizing an example from 

API for a refinery with a throughput of 250,000 barrels crude oil per day for annual emissions of 5,600,000 

metric tonnes CO2. E.P. Interoil is approximately 13% the size of the example. Below is the information 

used in the estimate. 
Proprietary & Confidential 43 Pace Global LLC 

Data Value Source

Fuel Type Crude Oil Project Description

Throughput Volumes 32,500 barrels crude oil per day Project Description 

“Emissions Factors” 5,600,000 metric tonnes CO2 per year 

for a facility with throughput of 250,000 

barrels crude oil per day

API Compendium, Table 7-25

Multiplication Factor 0.13 Factor applied to account for 

approximate size discrepancy 

between E.P. Interoil and example

Maximum potential to emit = 802,469 short tons CO2 per year

5,600,000 metric tonnes CO2 * short ton * 0.13

 yr 0.9072 metric tonnes

2007 Operational Estimate Based On Sponsor Feedback

E.P. Interoil’s 2007 operational emissions of 392,296 short tons CO2 was calculated using the following 

information.

Data Value Source

2007 Average Throughput 15,888 BPCD Project Sponsor

2007 Emissions 355,891 metric tonnes Project Sponsor

2007 Operational Emissions = 392,296 short tons CO2 per year

355,891 metric tonnes * short ton .

 0.9072 metric tonnes

2008 Operational Estimate Based On Sponsor Feedback

E.P. Interoil’s 2008 operational emissions of 103,247 short tons CO2 was calculated using the following 

information.

Data Value Source

2008 Annual MMBtu 15,888 MMBtu Project Sponsor

2008 Emissions 103,247 short tonnes Project Sponsor

2008 Operational Emissions = 103,247 short tons CO2 per year

2009 Operational Emission Estimate Based On Sponsor Feedback

E.P. Interoil’s 2009 operational emissions of 79,709 short tons CO2 was calculated using the following 

information:

Data Value Source

2009 Emissions 72,312 metric tonnes Project Sponsor
Proprietary & Confidential 44 Pace Global LLC 

2009 Operational Emissions = 79,709 short tons CO2 per year

72,312 metric tonnes * short ton .

 0.9072 metric tonnes

2010 Operational Emission Estimate Based On Sponsor Feedback

E.P. Interoil’s 2010 operational emissions of 75,928 short tons CO2 was calculated using the following 

information:

Data Value Source

2010 Emissions 8610 kg/hr Project Sponsor

2010 Operational Emissions = 75,928 short tons CO2 per year

8610 kg * 8,000 hours * MT * short tons 

 hr yr 1,000 kg 0.973 metric tones

Foxtrot International 

Maximum Potential to Emit Estimate

Foxtrot International’s emissions estimate of 270,804 short tons CO2 was calculated accounting for both 

combustion emissions from the compression and transmission of natural gas as well as fugitive emissions 

using the following information. Additionally, an estimate of platform emissions was provided in the 

project description and incorporated into the emissions total.

Data Value Source

Fuel Type Natural Gas Project Description

Pipeline Throughput 100 MMscfd Project Description

Platform Emissions 142,000 short tons CO2e Project Description

Emissions Factors 3439 lbs CO2 per MMscfd from combustion

4297 lbs CO2 per MMscfd from fugitive

U.S. EIA and EPA GHG 

Inventory, Tables 3-34 & 

3-36

Maximum potential to emit = 270,804 short tons CO2 per year

100 MMscf * 333 day * 3439 lbs CO2 * short ton = 57,259 short tons CO2/yr (combustion)

 day yr MMscf 2000 lbs

100 MMscf * 333 day * 4297 lbs CO2 * short ton = 71,545 short tons CO2/yr (fugitive)

 day yr MMscf 2000 lbs

142,000 short tons CO2 = 142,000 short tons CO2/yr (platform – given data)

2007 Operational Emission Estimate Based On Sponsor Feedback

Foxtrot International’s 2007 operational-emissions of 104,484 short tons CO2 was calculated using the 

following information:
Proprietary & Confidential 45 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

2008 Consumption 1530 MMscf/yr from flaring, power generation, and reboiler offshore; 206 MMscf/yr from onshore heatersProject Sponsor

Emissions Factor 0.0546 kg CO2/scf The Climate Registry, 

Table 12.1

For the purpose of this baseline calculation, we are assuming the 2007 operating year was similar to the 

2008 operating year, for which emissions information was provided; therefore, 2007 operational 

emissions = 104,484 short tons CO2 per year

1736 MMscf * 1000000 scf * 0.0546 kg CO2 * short ton 

 yr MMscf scf 907.18 kg

2008 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors did not change from 2007 to 2008.

2009 Operational Emission Estimate Based On Sponsor Feedback

Per Sponsor feedback, emissions and operational factors did not change from 2007 to 2009.

 

2010 Operational Emission Estimate Based On Sponsor Feedback

Foxtrot International’s 2010 operational-emissions of 17,514 short tons CO2 was calculated using the 

following information:

Data Value Source

Fuel Type Natural Gas Project Description

2010 Offshore 

Emissions

85 MMscf/yr from flaring, power generation, and reboiler offshore; 206 MMscf/yr from onshore heaters

(excluding transport emissions)

Project Sponsor

2010 Onshore 

Emissions

178 MMscf/yr

Emissions Factor 0.0546 kg CO2/scf The Climate Registry, 

Table 12.1

85 MMscf * 1,000,000 scf * 0.0546 kg CO2 * short ton = 5,116 short tons CO2

 yr MMscf scf 907.18 kg 

206 MMscf * 1,000,000 scf * 0.0546 kg CO2 * short ton = 12,398 short tons CO2

 yr MMscf scf 907.18 kg
Proprietary & Confidential 46 Pace Global LLC 

Lukoil RPK-Vysotsk

Maximum Potential to Emit Estimate

Lukoil RPK-Vysotsk’s emissions were calculated using throughput from various years along with standard 

emission conversion factors.

Data Value Source

2009 Throughput 13,893,533 Tons Project Description

2007 Throughput 9,173,100 Tons Project Description

2007 Emissions 70,767 short tons Project Description

13,893,533 tons * 70,767 short tons CO2

9,173,100 tons

Total-emissions estimate = 107,184 short tons CO2 per year

2007 GHG Emissions Estimate

2006 data was the most recent data available. 2007 project emissions were calculated using throughput 

volumes. OPIC estimated the project’s emissions to be 70,767 short tons CO2 for 2007. Lukoil’s 

emissions estimate was calculated using the following information:

Data Value Source

Fuel Type Petroleum Products Project Description

2006 Emissions 64,200 metric tonnes Project Description

Total emissions estimate = 76,339 short tons CO2 per year

64,200 metric tonnes

 0.9072

2008 GHG Emissions Estimate

Per Sponsor feedback, emissions and operational factors have not changed. 

2009 GHG Emissions Estimate

2006 data was the most recent data available. 2009 project emissions were calculated using throughput 

volumes. OPIC estimated the project’s emissions to be 76,339 short tons CO2 for 2009. Lukoil’s 

emissions estimate was calculated using the following information:

Data Value Source

Fuel Type Petroleum Products Project Description

Throughput Volumes (2006) 9,173,100 tons

(2009) 13,893,533 tons

Project Description

2006 Emissions 50,402 short tons Project Description
Proprietary & Confidential 47 Pace Global LLC 

Total emissions estimate = 76,339 short tons CO2 per year

(13,893,533 * 50,402)

 9,173,100 

2010 GHG Emissions Estimate

Lukoil’s 2010 operational emissions of 97,117 short tons CO2 was calculated using the following 

information:

Data Value Source

Fuel Type Petroleum Products Project Description

Fuel Consumption 25,736 tonnes petroleum Project Description

Total emissions estimate = 97,117 short tons CO2 per year

(25,736 tonnes petroleum * 6.91 bbl * 6.287 MMBtu * 78.8 kg CO2)

 907.18 kg/short ton

Various Egypt Subsidiaries (Apache) 

Maximum Potential to Emit Estimate

Various Egypt Subsidiaries (Apache)’s emissions estimate of 2,429,543 short tons CO2 was calculated 

by using an example from API for a similar oil and gas extraction and processing facility. The API 

example produced 6100 barrels oil per day and 30 MMscf natural gas per day for annual emissions of 

108,000 metric tonnes CO2; approximately one-tenth the size of Apaches. Apache’s emissions estimate 

was calculated using the following information:

Data Value Source

Fuel Type Oil and Natural Gas Project Description

Production Volumes 29,934,702 barrels oil per year

89,910 MMscf natural gas per year

Project Description

“Emissions Factors” 108,000 metric tonnes CO2 per year for a 

facility that produces 6100 barrels oil per 

day and 30 MMscf natural gas per day

API Compendium, Table 7-4

Multiplication Factor 10 Factor applied to account for 

approximate size discrepancy 

between Apache and example

Operating Capacity 

Adjustment

49% Project Sponsor

Maximum potential to emit = 2,429,543 short tons CO2 per year

108,000 metric tonnes CO2 * short ton * 10 * (1/.49)

yr 0.9072 metric tonnes
Proprietary & Confidential 48 Pace Global LLC 

2007 Operational Emission Estimate Based On Sponsor Feedback

Various Egypt Subsidiaries (Apache)’s 2007 operational emissions of 3,071,933 short tons CO2 was 

calculated using the following information:

Data Value Source

2007 Emissions 1,365,560 metric tones Project Sponsor

Operating Capacity 

Adjustment

49% Project Sponsor

2007 Operational Emissions = 3,071,933 short tons CO2 per year

1,365,560 metric tonnes * short ton * (1/.49) .*

 0.9072 metric tonnes

2008 Operational Emission Estimate Based On Sponsor Feedback

Various Egypt Subsidiaries (Apache)’s 2008 operational emissions of 3,244,190 short tons CO2 was 

calculated using the following information:

Data Value Source

2008 Emissions 1,365,560 metric tones Project Sponsor

Operating Capacity 

Adjustment

49% Project Sponsor

2008 Operational Emissions = 3,244,190 short tons CO2 per year

1,365,560 metric tonnes * short ton . * (1/.49) 

 0.9072 metric tonnes

2009 GHG Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2008 operational emissions of 3,294,654 short tons CO2 was 

calculated using the following information:

Data Value Source

2009 Emissions 1,464,566 metric tones Project Sponsor

Operating Capacity 

Adjustment

49% Project Sponsor

2009 Operational Emissions = 3,294,654 short tons CO2 per year

1,464,566 metric tonnes * short ton . * (1/.49) 

 0.9072 metric tonnes

2010 GHG Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2010 operational emissions of 3,465,842 short tons CO2 was 

calculated using the following information:
Proprietary & Confidential 49 Pace Global LLC 

Data Value Source

2010 Emissions 1,540,664 metric tones Project Sponsor

Operating Capacity 49% Project Sponsor

2010 Operational Emissions = 3,465,842 short tons CO2 per year

1,540,664 metric tonnes * short ton . * (1/.49)

 0.9072 metric tonnes

West African Gas Pipeline 

Maximum Potential to Emit Estimate

The West African Gas Pipeline’s emissions calculation of 244,728 short tons CO2 accounts for both 

combustion emissions from the compression and transmission of natural gas as well as fugitive emissions 

using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Pipeline Throughput 190 MMscfd Project Description

Emissions Factors 3439 lbs CO2 per MMscfd from combustion

4297 lbs CO2 per MMscfd from fugitive

U.S. EIA and EPA GHG 

Inventory, Tables 3-34 & 

3-36

Total-emissions estimate = 244,728 short tons CO2 per year

190 MMscf * 333 day * 3439 lbs CO2 * short ton = 108,792 short tons CO2/yr (combustion)

 day yr MMscf 2000 lbs

190 MMscf * 333 day * 4297 lbs CO2 * short ton = 135,936 short tons CO2/yr (fugitive)

 day yr MMscf 2000 lbs

2007 Operational Emission Estimate Based On Sponsor Feedback

The West African Gas Pipeline was under construction and not operational during 2007. Since emissions 

from construction would be below the 100,000 short ton threshold this project is omitted from the 2007 

inventory.

2008 Operational Emission Estimate Based On Sponsor Feedback

The West African Gas Pipeline was not operational during 2008. Since emissions would be below the 

100,000 short ton threshold this project is omitted from the 2008 inventory.

2009 Operational Emission Estimate Based On Sponsor Feedback

No additional data was available. 2009 data will default to the Maximum Potential to Emit.

2010 Operational Emission Estimate Based On Sponsor Feedback

West African Gas Pipeline’s 2010 operational emissions of 91,451 short tons CO2 was calculated using 

the following information:
Proprietary & Confidential 50 Pace Global LLC 

Data Value Source

Fuel Type Natural Gas Project Description

Pipeline Throughput 190 MMscfd Project Description

Emissions Factors 3,439 lbs CO2 per MMscfd from combustion

4,297 lbs CO2 per MMscfd from fugitive

U.S. EIA and EPA GHG 

Inventory, Tables 3-34 & 

3-36

Total-emissions estimate = 91,451 short tons CO2 per year

71 MMscf * 333 day * 3,439 lbs CO2 * short ton = 40,654 short tons CO2/yr (combustion)

 day yr MMscf 2000 lbs

71 MMscf * 333 day * 4,297 lbs CO2 * short ton = 50,797 short tons CO2/yr (fugitive)

 day yr MMscf 2000 lbs

TIER C PROJECTS

Tier C projects were not included in the 2007 and 2008 inventories. As a result, emissions calculations 

will for these projects will begin for year 2009. 

Jose Lindley 

2009 GHG Emissions Estimate

Jose Lindley’s emissions were estimated to exceed 25,000 metric tonnes. There was no sponsor 

feedback provided to date. It was estimated the project’s emissions would be 25,000 short tons CO2 for 

2009. 

2010 GHG Emissions Estimate 

No additional data was available. The 2010 emissions estimate will default to the 2009 emissions 

estimate.

Joshi Technologies / Parko Services

2009 GHG Emissions Estimate

Joshi Technologies / Parko’s 2008 project emissions of 30,398 short tons CO2 were calculated using the 

following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Consumption 20,000,000 mil cu. meters Project Description

Consumption-based emissions = 30,398 short tons CO2 per year

20 MMm^3 * 35.3 ft^3 * (1027 Btu * 1 MMBtu ) * 53.06 kgCO2 * 0.0011023 tons

 M^3 ft^3 1,000,000 Btu MMBtu kg
Proprietary & Confidential 51 Pace Global LLC 

2010 GHG Emissions Estimate

Joshi Technologies / Parko’s 2010 project emissions of 57,826 short tons CO2 were calculated using the 

following information: 

Data Value Source

Internal Combustion 

Emissions (gas)

4,010 short tons CO2 Project Sponsor

External Combustion 

Emissions (gas)

9,789 short tons CO2 Project Sponsor

Flared Gas Emissions 25,927 short tons CO2 Project Sponsor

Internal Combustion 

Emissions (diesel)

18,100 short tons CO2 Project Sponsor

Consumption-based emissions = 57,826 short tons CO2 per year

4,010 short tons CO2 + 9,789 short tons CO2 + 25,927 short tons CO2 + 18,100 short tons CO2
52

APPENDIX B – ACTIVE PROJECTS

ACTIVE PROJECTS

This shortlist presents projects screened that were determined to have the potential to emit over 25,000 

short tons of CO2.

Table 3: Active Projects – As of September 30, 2011

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

AFGHAN GROWTH FINANCE LLC AFGHANISTAN FIN

AFGHAN GROWTH FINANCE LLC AFGHANISTAN FIN

AMERICAN WOOL-CASHMERE, INC. AFGHANISTAN SVC

EQUITY CAPITAL MINING, LLC AFGHANISTAN MINING

KABUL GRAND RESIDENCES LLC AFGHANISTAN CONS

PACIFIC COLLECTION COMPANY/TRIBAL LOOM AFGHANISTAN MFG

QWO JOINT STOCK COMPANY AFGHANISTAN MFG

QWO JOINT STOCK COMPANY AFGHANISTAN MFG

SAFI APPAREL CORPORATION AFGHANISTAN MFG

SAFI APPAREL CORPORATON AFGHANISTAN MFG

SUMMIT ASSOCIATES, LTD. AFGHANISTAN MFG

SUMMIT ASSOCIATES, LTD. AFGHANISTAN SVC

SUMMIT ASSOCIATES, LTD. AFGHANISTAN SVC

SUSTAINABLE ENERGY SERVICES AFGHANISTAN AFGHANISTAN POWER

TAYL INVESTORS GROUP LIMITED AFGHANISTAN TOUR

TAYL INVESTORS GROUP-2 AFGHANISTAN TOUR

FIXED RATE FUNDING & LIQUIDITY LTD (HWD SPA) ALGERIA SVC

TIVANNAH GLOBAL, LIMITADA ANGOLA MFG

WBC-BANCO REGIONAL DO KEVE S.A. ANGOLA FIN

ARGENTINA OLIVE RANCH ARGENTINA AGRI

BRAVO ENERGY ARGENTINA SCA ARGENTINA OIL

COMPANIA GENERAL DE COMERCIO E INDUSTRIA SA ARGENTINA TOUR

DESARROLLOS DE LOS SUENOS, S.A. ARGENTINA TOUR

PLAZA LOGISTICA S.R.L. ARGENTINA CONS

ARMENIA HOTEL COMPLEX CLOSED JSC ARMENIA TOUR

FIRST MORTGAGE COMPANY UCO, LLC ARMENIA FIN

WBC-ARDSHININVESTBANK CJSC ARMENIA FIN

TBC KREDIT NON-BANKING CREDIT ORGANIZATI LLC AZERBAIJAN FIN

TBC KREDIT NON-BANKING CREDIT ORGANIZATI LLC AZERBAIJAN FIN

TBC KREDIT NON-BANKING CREDIT ORGANIZATI LLC AZERBAIJAN FIN

WBC-MUGANBANK OJSC AZERBAIJAN FIN
53

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

WBC-RABITABANK OJSC AZERBAIJAN FIN

WBC-RABITABANK OJSC AZERBAIJAN FIN

WBC-TURANBANK OJSC AZERBAIJAN FIN

CASIA-BRAC BANGLADESH FIN

CASIA-PACIFIC BANGLADESH TELECOM LIMITED BANGLADESH COMM

NEPC CONSORTIUM POWER LTD.(HARIPUR) BANGLADESH POWER

VISTAS BELIZE LTD BELIZE CONS

SERVICIO GRAFICOS QUIPUS BOLIVIA MFG

GOLDHAM PTY LTD.T/A KALAHARI GAS CORPORATION BOTSWANA OIL

GOLDHAM PTY LTD.T/A KALAHARI GAS CORPORATION BOTSWANA OIL

GOLDHAM PTY LTD.T/A KALAHARI GAS CORPORATION BOTSWANA OIL

ACAI DO AMAPA AGROINDUSTRIAL LTDA. BRAZIL MFG

BRAZILIAN EMERALDS,INC. BRAZIL MINING

C21 BRASIL DESENVOLVIMENTO IMOBILAIRIO LTDA BRAZIL FIN

CSI LATINA FINANCIAL, INC/CSI LATINA ARRENDA BRAZIL FIN

MORUMBY HOTEIS LTDA. BRAZIL TOUR

NCB2-BANCO MERCANTIL DO BRASIL S.A. BRAZIL FIN

NCB3-BANCO PINE S.A. BRAZIL FIN

W3-BANCO FIBRA, S.A. BRAZIL FIN

W3-BANCO INDUSTRIAL E COMERCIAL S.A. BRAZIL FIN

W3-BANCO PINE, S.A. BRAZIL FIN

W3-BANCO SAFRA S.A. BRAZIL FIN

AMERICAN UNIVERSITY IN BULGARIA BULGARIA SVC

SEAF-FBT AD (JIMMY'S) BULGARIA SVC

CMFI-AGENCE DE CREDIT POUR L'ENTREPRISE PRIV CAMEROON FIN

NATURA BEVERAGE LLC CAMEROON MFG

NATURA BEVERAGE, LLC CAMEROON MFG

SOCIEDAD CONCESIONARIA VESPUCIO NORTE EXPRES CHILE CONS

TB-DRISCOLL STRAWBERRY ASSOCIATES, INC. CHILE AGRI

JOSHI TECHNOLOGIES INTERNATIONAL INC COLOMBIA OIL

JOSHI TECHNOLOGIES INTERNATIONAL INC. III COLOMBIA OIL

JOSHI TECHNOLOGIES INTERNATIONAL, INC. COLOMBIA OIL

LEAWOOD INVESTMENTS INC/BARRIEFIELD LLC COLOMBIA AGRI

PARKO SERVICES S.A. COLOMBIA OIL

PARKO SERVICES, S.A. COLOMBIA OIL

PARKO SERVICES, S.A. COLOMBIA OIL

AERIS HOLDING COSTA RICA, S.A.. COSTA RICA TRAN

BANCO BAC SAN JOSE, S.A. (TRANCHE A) COSTA RICA FIN

BANCO BAC SAN JOSE, S.A. (TRANCHE B) COSTA RICA FIN

BANCO LAFISE S.A. COSTA RICA FIN
54

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

BANCO LAFISE, S.A. (TRANCHE 2) COSTA RICA FIN

BANCO LAFISE, S.A. (TRANCHE 3) COSTA RICA FIN

CCA2-BANCA PROMERICA, S.A. COSTA RICA FIN

CCA2-GRUPO M HOLDING S.A. COSTA RICA FIN

CONDOMINIOS RIVERSIDE ETAPA II, S.A. COSTA RICA CONS

RODBLU PARTNERS CRP S.A. COSTA RICA CONS

WBC-BANCO IMPROSA S.A. COSTA RICA FIN

CMFI-2-BANCO PROCREDIT S.A. ECUADOR FIN

CORPORACION QUIPORT S.A. ECUADOR TRAN

CSA-BANCO PROCREDIT ECUADOR ECUADOR FIN

MEDPHARM, INC. ETHIOPIA SVC

AMERICAN MONOLITH LTD GEORGIA TRAN

AUTO SERVICE CAUCASUS LTD GEORGIA SVC

BETSY, LLC GEORGIA TOUR

CHOUS-JOINT STOCK COMPANY TBC BANK GEORGIA FIN

GMT MTATSMINDA, LLC GEORGIA SVC

GMT REAL ESTATE, LLC. GEORGIA FIN

JOINT STOCK COMPANY HOTEL TBILISI GEORGIA TOUR

JSC BANK OF GEORGIA GEORGIA FIN

JSC BANK OF GEORGIA GEORGIA FIN

JSC IBERIA REAL ESTATE GEORGIA CONS

JSC POPULI GEORGIA SVC

JSC PROCREDIT BANK GEORGIA GEORGIA FIN

JSC PROCREDIT BANK GEORGIA GEORGIA FIN

MTKVARI HPP, LLC GEORGIA POWER

SANTE GMT PRODUCTS LLC GEORGIA MFG

TELIANI VALLEY JSC GEORGIA MFG

UNIVERSITY OF GEORGIA GEORGIA SVC

WBC-BANK OF GEORGIA GEORGIA FIN

WBC-GEORGIAN LEASING COMPANY, LLC GEORGIA FIN

WBC-JSC BASISBANK II GEORGIA FIN

WBC-JSC BASISBANK GEORGIA FIN

WBC-JSC BASISBANK GEORGIA FIN

AFRICAN-AMERICAN TRADING COMPANY, INC. GHANA MFG

GHANA HOME LOANS (FUND 1) LIMITED GHANA FIN

GHANA HOME LOANS (FUND 1) LIMITED GHANA FIN

INTERNATIONAL COMMUNITY SCHOOL LIMITED GHANA SVC

LAGRAY CHEMICAL COMPANY LTD GHANA MFG

SLID INDUSTRIES, LTD. GHANA MFG

BANCO DE AMERICA CENTRAL, S.A. (TRANCHE A) GUATEMALA FIN
55

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

BANCO DE AMERICA CENTRAL, S.A. (TRANCHE B) GUATEMALA FIN

CHOUS-BANRURAL S.A. GUATEMALA FIN

FLAMA DE ORO S.A. GUATEMALA AGRI

FLAMA DE ORO, S.A. GUATEMALA AGRI

LA FUTURA, S.A. GUATEMALA AGRI

W3-BANCO REFORMADOR, S.A. GUATEMALA FIN

WBC-NUEVOS ALMACENES S.A. D/B/A/ CEMACO GUATEMALA SVC

HAITI 360 HAITI MFG

INNOVIDA HOLDINGS LLC HAITI MFG

BANCO DE AMERICA CENTRAL HONDURAS, S.A.(TR A HONDURAS FIN

BANCO DE AMERICA CENTRAL HONDURAS, S.A.(TR B HONDURAS FIN

BANCO LAFISE HONDURAS, S.A. HONDURAS FIN

BANCO LAFISE HONDURAS, S.A. HONDURAS FIN

CCA2-DIGICEL HONDURAS S.A. DE CV HONDURAS COMM

CHOUS-BANCO FINANCIERA COMMERCIAL HONDURENA HONDURAS FIN

CSA-GRUPO JAREMAR (BUFINSA,INDASA,OLEPSA) HONDURAS MFG

GHP(HONDURAS)LLC/GLOBAL HOUSING DEVELOPMENT HONDURAS CONS

INTER-MAC INTERNATIONAL, INC. HONDURAS FIN

W2-BANCO ATLANTIDA HONDURAS FIN

WBC-COMERCIAL LAEISZ, S.A. DE C.V. HONDURAS SVC

PANNONIA ETHANOL ZTR HUNGARY MFG

APPLIED SOLAR TECHNOLOGIES INDIA PRIVATE LTD INDIA POWER

AZURE POWER (GUJARAT) PVT LTD - SUNEDISON INDIA MFG

AZURE POWER HARYANA PRIVATE LIMITED INDIA POWER

AZURE POWER PUNJAB PRIVATE LIMITED INDIA POWER

AZURE POWER PUNJAB PRIVATE LIMITED INDIA POWER

AZURE POWER RAJASTHAN PRIVATE LIMITED INDIA POWER

CASIA-SPANDANA SPHOORTY FINANCIALS LTD INDIA FIN

CASIA-SPANDANA SPHOORTY FINANCIALS LTD INDIA FIN

CASIA-SPANDANA SPHOORTY FINANCIALS LTD INDIA FIN

CMFI-ASA GRAMA VIDIYAL TRUST INDIA FIN

CMFI-BHARTIYA SAMRUDDHI FINANCE LTD. INDIA FIN

CMFI-GRAMEEN FINANCIAL SERVICES PRIVATE LTD INDIA FIN

CMFI-SKS MICROFINANCE PVT LTD INDIA FIN

CMFI-SPANDANA SPHOORTY FINANCIAL LIMITED INDIA FIN

ESP URYA PRIVATE LIMITED INDIA POWER

HUSK POWER SYSTEMS, INC. INDIA POWER

QUANTUMID TECHNOLOGIES (INDIA) PVT. LTD. INDIA SVC

SOLARIA INDIA PRIVATE LIMITED INDIA POWER

TRIPOS INTERNATIONAL SCHOOL, PVT. LTD. INDIA SVC
56

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

UNI-MIMOZA FINANCE ENTERPRISES PVT. LTD. INDIA FIN

W3-YES BANK LIMITED INDIA FIN

WBC-AIR WORKS INDIA INDIA TRAN

WBC-PREFERRED BRANDS INTERNATIONAL, LLC INDIA MFG

WBC-PREFERRED BRANDS INTERNATIONAL, LLC INDIA MFG

CMFI-2-BANK DANAMON INDONESIA PT TBK INDONESIA FIN

PAITON ENERGY COMPANY INDONESIA POWER

PAITON ENERGY COMPANY INDONESIA POWER

PT. LUMBUNG PADI INDONESIA INDONESIA MFG

PT. TUCAN PUMPCO SERVICES INDONESIA INDONESIA OIL

PT. TUCAN PUMPCO SERVICES INDONESIA INDONESIA OIL

AL TAMWEEL AL SAREE LIMITED IRAQ FIN

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ FIN

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ FIN

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ FIN

NORTHERN GULF RENTALS LIMITED IRAQ SVC

SUMMIT HOTELS LIMITED/SUMMIT GLOBAL GROUP IRAQ TOUR

EPISCOPAL CHURCH OF JERUSALEM & THE MIDDLE E ISRAEL CONS

KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS ISRAEL FIN

AMERICAN INTERNATIONAL SCHOOL OF KINGSTON JAMAICA SVC

AES JORDAN PSC JORDAN POWER

ARAB BANK PLC JORDAN FIN

CAFR-MIDDLE EAST COMPLEX FOR ENGINEERING JORDAN MFG

CAFR-MIDDLE EAST COMPLEX FOR ENGINEERING JORDAN MFG

CAIRO AMMAN BANK JORDAN FIN

DISI WATER PSC JORDAN SVC

INTL CO FOR ENERGY TECHNOLOGY INDUSTRIES JORDAN CONS

CHOUS2-JSC BANK CENTERCREDIT KAZAKHSTAN FIN

CHOUS2-JSC HALYK SAVINGS BANK KAZAKHSTAN FIN

NCB2 -BANK TURAN ALEM KAZAKHSTAN FIN

NCB2 -BANK TURAN ALEM KAZAKHSTAN FIN

NCB3-ALLIANCE BANK JSC KAZAKHSTAN FIN

NCB3-ALLIANCE BANK JSC KAZAKHSTAN FIN

NCB3-ATF BANK JSC KAZAKHSTAN FIN

NCB3-BANK CENTER CREDIT JSC KAZAKHSTAN FIN

W2-JSC BANK TURAN ALEM KAZAKHSTAN FIN

W2-JSC BANK TURAN ALEM KAZAKHSTAN FIN

CMFI-FAULU KENYA KENYA FIN

CMFI-KENYA WOMEN FINANCE TRUST LTD KENYA FIN

CMFI-KENYA WOMEN FINANCE TRUST LTD KENYA FIN
57

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

ECO-METROPOLITAN DEVELOPMENT CO. LTD. KENYA CONS

JOPA VILLAS, LLC KENYA CONS

LIVING WATER INTERNATIONAL KENYA SVC

ORPOWER 4 GEOTHERMAL KENYA POWER

MAJESTIC GROUP KOREA, LTD. KOREA (SOUTH) SVC

CHF/L-COOPERATIVE HOUSING FOUNDATION LEBANON LEBANON FIN

CHF/L-CREDIT LEBANAIS BANK LEBANON FIN

CHF/L-FRANSABANK S.A.L. LEBANON FIN

CHF/L-JAMAL TRUST BANK S.A.L. LEBANON FIN

CLEB2A-BANK AUDI SAL-AUDI SARADAR GROUP LEBANON FIN

CLEB2A-BANKMED S.A.L. LEBANON FIN

CLEB2A-BYBLOS BANK SAL LEBANON FIN

CLEB2-BANK AUDI SAL-AUDI SARADAR GROUP LEBANON FIN

CLEB-BANKMED S.A.L. LEBANON FIN

CLEB-BANQUE LIBANO-FRANCAISE S.A.L. LEBANON FIN

CLEB-BYBLOS BANK S.A.L. LEBANON FIN

THE COOPERATIVE HOUSING FOUNDATION LEBANON LEBANON FIN

AMERICAN INTERNATIONAL SCHOOL OF MONROVIA IN LIBERIA SVC

BROAD COVE ECOHOMES LIBERIA, INC. LIBERIA CONS

BUCHANAN RENEWABLES (MONROVIA) POWER INC. LIBERIA POWER

BUCHANAN RENEWABLES FUEL INC. LIBERIA MFG

BUCHANAN RENEWABLES FUEL, INC. LIBERIA MFG

LIBERIAN ENTERPRISE DEVELOPMENT FINANCE CO. LIBERIA FIN

RLJ LIBERIA, LLC LIBERIA CONS

SABLE-CELLCOM TELECOMMS INC LIBERIA COMM

AMERICAN INTERNATIONAL SCHOOL OF BAMAKO MALI SVC

CASAMAR MAURITIUS, LTD./CASAMAR INDIAN OCEAN MAURITIUS MFG

BRAVO ENERGY MEXICO SRL DE CV MEXICO OIL

CMFI-FUNDACION INTEGRAL COMUNITARIA (FINCA) MEXICO FIN

CSI LATINA FINANCIAL, INC./CSI LEASING MEXIC MEXICO FIN

CSI LATINA FINANCIAL, INC./CSI LEASING MEXIC MEXICO FIN

PREFABRICADOS Y MODULARES DE MONTERREY(PYMM) MEXICO CONS

PROMOTORA DE INFRAESTRUCTURA REGISTRAL, S.A. MEXICO FIN

REFORMA BLN-BACKED I MEXICO FIN

SALVATIERRA DESARROLLOS URBANOS, S.A. DE C.V MEXICO FIN

TB-ANDREW & WILLIAMSON FRESH PRODUCE MEXICO AGRI

UMBRALCAPITAL, S.A.P.I. DE C.V. MEXICO FIN

VEHICULOS LIQUIDOS FINANCIEROS SAPI DE C.V. MEXICO FIN

WBC -OPERADORA DE SERVICIOS MEGA, S.A. DE C. MEXICO FIN

WBC-ANALISTAS DE RECURSOS GLOBALES SAPI DE CV MEXICO FIN
58

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

WBC-DOCUFORMAS S.A.P.I. DE C.V. MEXICO FIN

WBC-MARICULTURA DEL NORTE, S.DE R.L. DE C.V. MEXICO AGRI

WBC-SOUTHERN VALLEY FRUIT & VEGETABLE, INC. MEXICO AGRI

WBC-VALLARTA VISION Y MISION A.C. MEXICO SVC

BANCA DE FINANTE SI COMERT S.A. MOLDOVA FIN

WBC-ICS PRIME CAPITAL SRL MOLDOVA FIN

WBC-KELLEY GRAINS CORPORATION S.R.L. MOLDOVA MFG

GN BEVERAGES MONGOLIA MFG

IKH TOKHOIROL LLC MONGOLIA MINING

NAMGEM TRADING BVI LIMITED NAMIBIA MFG

BANCO DE AMERICA CENTRAL, S.A. (TRANCHE A) NICARAGUA FIN

BANCO DE AMERICA CENTRAL, S.A. (TRANCHE B) NICARAGUA FIN

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA FIN

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA FIN

CHOUS-BANCO DE LA PRODUCCION S.A. NICARAGUA FIN

GILBERTO J.M.GONZALEZ/DBA/FERRETERIA MORALES NICARAGUA SVC

INSTITUTO CULINARIO SANTA LUCIA,S.A. NICARAGUA SVC

AMERICAN INTERNATIONAL SCHOOL OF ABUJA NIGERIA SVC

CAFR-AMERICAN INTERNATIONAL SCHOOL LAGOS NIGERIA SVC

CAFR-BEL PAPYRUS LIMITED NIGERIA MFG

PTSM HOLDINGS LIMITED/PTS EQUIPMENT LIMITED NIGERIA SVC

UNION GLOBAL PARTNERS LIMITED NIGERIA FIN

AMERICAN INTERNATIONAL SCHOOL SYSTEMS, INC. PAKISTAN SVC

CPAK2-ENGRO VOPAK TERMINAL LTD PAKISTAN MFG

CPAK2-KASHF FOUNDATION PAKISTAN FIN

EMERGING MARKETS CONSULTING (PRIVATE) LTD. PAKISTAN FIN

SWEETWATER PAKISTAN (PRIVATE) LIMITED PAKISTAN MFG

TAMEER MICROFINANCE BANK LIMITED PAKISTAN FIN

TOWERSHARE (PVT) LTD. PAKISTAN COMM

TPL PROPERTIES (PVT) LIMITED PAKISTAN CONS

BAC INTERNATIONAL BANK,INC. (TRANCHE A) PANAMA FIN

BAC INTERNATIONAL BANK,INC. (TRANCHE B) PANAMA FIN

CHOUS2-GLOBAL BANK CORPORATION PANAMA FIN

CSA-DIGICEL PANAMA S.A. PANAMA COMM

LA HIPOTECARIA PANAMANIAN MORTGAGE TRUST 10 PANAMA FIN

LAFISE GROUP PANAMA, INC. PANAMA FIN

W3-CREDICORP BANK, S.A. PANAMA FIN

E.P. INTEROIL, LTD. PAPUA NEW GUINEA OIL

CHOUS2-BANCO CONTINENTAL S.A.E.C.A. PARAGUAY FIN

CHOUS2-BANCO REGIONAL S.A.E.C.A. PARAGUAY FIN
59

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

CMFI-2-BANCO FAMILIAR S.A.E.C.A. PARAGUAY FIN

CMFI-2-GRUPO INTERNACIONAL DE FINANZAS SAECA PARAGUAY FIN

CMFI-2-VISION BANCO S.A.E.C.A. PARAGUAY FIN

CSA-BANCO REGIONAL, S.A. PARAGUAY FIN

CSA-BBVA PARAGUAY S.A. PARAGUAY FIN

CSA-INTERBANCO S.A. PARAGUAY FIN

FINANCIERA TFC, S.A. PERU FIN

GAMMA KNIFE PERU PERU SVC

GLOBOKAS PERU, S.A.C. PERU FIN

GTS MAJES S.A.C. AND GTS REPARTICION S.A.C. PERU POWER

SEAF SME DEBT FACILITY LLC (OUTSOURCING PERU PERU TRAN

SEAF SME DEBT FACILITY LLC (SUNSHINE EXPORT) PERU AGRI

W3-BANCO FINANCIERO DEL PERU, S.A. PERU FIN

W3-BANCO INTERAMERICANO DE FINANZAS, S.A. PERU FIN

CMFI-2-ASA PHILIPPINES PHILIPPINES FIN

COUNTERPART INTERNATIONAL, INC. PHILIPPINES FIN

GOLDEN CYPRESS WATER CO. LTD. PHILIPPINES MFG

AMTECH SP.ZO.O POLAND CONS

SEAF SME DEBT FACILITY LLC (MATRAS SA) POLAND SVC

CMFI-OPPORTUNITY MICROCREDIT ROMANIA ("OMRO" ROMANIA FIN

EXPRESS FINANCE-INSTITUTIE FINANCIARA NEBAN ROMANIA FIN

PATRIA CREDIT INSTITUTIE FINANCIARA NEBAN SA ROMANIA FIN

THE COOPERATIVE HOUSING FOUNDATION ROMANIA FIN

VERIDA CREDIT IFN S.A. ROMANIA FIN

ABAMEDIA, L.P.(TRANCHE A) RUSSIA SVC

CMFI-CJSC FORUS BANK RUSSIA FIN

DATASPACE PARTNERS, LLC RUSSIA FIN

DMITROV DAIRY FARMS, CJSC RUSSIA AGRI

HERMITAGE HOSPITALITY FRANCHISING LIMITED RUSSIA TOUR

NCB3-CENTER-INVEST BANK JSC RUSSIA FIN

NCB3-LOCKO BANK RUSSIA FIN

NCB3-ROSEUROBANK RUSSIA FIN

NCB3-TRANSCAPITAL BANK JSC RUSSIA FIN

NEW YORK PIZZA CO. LTD. RUSSIA SVC

NUMOTECH, INC. RUSSIA MFG

PJ DEVELOPMENT LLC RUSSIA SVC

PJ WESTERN RETAIL INVESTMENTS LTD II RUSSIA SVC

RKU FRANCHISING LIMITED RUSSIA FIN

RPK-VYSOTSK "LUKOIL-II" RUSSIA OIL

SUBWAY RUSSIA, LLC RUSSIA SVC
60

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

WBC-CREDIT-MOSCOW BANK JOINT STOCK COMPANY RUSSIA FIN

WBC-INDEPENDENT LEASING, LLC RUSSIA FIN

WBC-JSC POLIGRAF LAND RUSSIA MFG

WBC-NBD BANK JOINT STOCK COMPANY RUSSIA FIN

WBC-NBD BANK JOINT STOCK COMPANY RUSSIA FIN

WBC-OJSC COMMERCIAL BANK "SDM-BANK" RUSSIA FIN

WBC-OJSC SDM-BANK (II) RUSSIA FIN

WBC-PETERSBURG SOCIAL COMMERCIAL BANK OJSC RUSSIA FIN

WBC-SOTSYALNIY GORODSKOY BANK (SOTSGORBANK) RUSSIA FIN

WBC-ZAO AIRES RUSSIA SVC

WBC-ZAO AIRES RUSSIA SVC

ZAO COMMERCIAL BANK DELTACREDIT RUSSIA FIN

ZAO EUROPLAN RUSSIA FIN

ZAO NUMOTECH-SPEKTR RUSSIA MFG

ZAO STAR NETWORKS RUSSIA COMM

BLUE FINANCIAL SERVICES LIMITED SOUTH AFRICA FIN

BLUE FINANCIAL SERVICES LIMITED SOUTH AFRICA FIN

BLUE FINANCIAL SERVICES LIMITED SOUTH AFRICA FIN

BLUE FINANCIAL SERVICES LIMITED SOUTH AFRICA FIN

HOUSING FOR HIV, INC. SOUTH AFRICA FIN

SHARED INTEREST, INC. SOUTH AFRICA FIN

SOUTH AFRICA FINANCING ENTERPRISE SOUTH AFRICA CONS

WBC-BLUE FINANCIAL SERVICES LIMITED SOUTH AFRICA FIN

CASIA-LANKA ORIX LEASING COMPANY LTD. SRI LANKA FIN

NORTH STAR ST. KITTS, LTD.

ST. CHRISTOPHERNEVIS POWER

BRAC AFRICA MICROFINANCE, LTD. (CLASS A) TANZANIA FIN

BRAC AFRICA MICROFINANCE, LTD. (CLASS B) TANZANIA FIN

CAFR-MIC TANZANIA LIMITED (TZS) TANZANIA COMM

CAFR-MIC TANZANIA LIMITED (USD) TANZANIA COMM

TANRUSS INVESTMENT LTD TANZANIA TOUR

WBC-AFRICAN BANKING CORPORATION TANZANIA LTD TANZANIA FIN

PACIFIC SUBSEA SAIPAN 2 THAILAND TRAN

PACIFIC SUBSEA SAIPAN 3 THAILAND TRAN

PACIFIC SUBSEA SAIPAN, INC. THAILAND TRAN

SUNEDISON THAILAND THAILAND POWER

CONTOURGLOBAL TOGO S.A. TOGO POWER

ADAPAZARI ELEKTRIK URETIM LTD. SIRKETI TURKEY POWER

CHOUS2-BANK POZITIF TURKEY FIN

CMFI-2-SEKERBANK T.A.S. TURKEY FIN
61

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

GEBZE ELEKTRIK URETIM LTD SIRKETI TURKEY POWER

ISTANBUL INTERNATIONAL COMMUNITY SCHOOL (B) TURKEY SVC

ISTANBUL INTERNATIONAL COMMUNITY SCHOOL,INC. TURKEY SVC

ISTANBUL MORTGAGE FINANSMAN A.S. TURKEY FIN

IZMIR ELEKTRIK URETIM LTD SIRKETI TURKEY POWER

NCB2-ASYA KATILIM BANKASI A.S. TURKEY FIN

NCB2-TURK EKONOMI BANKASI A.S. PURPOSE B TURKEY FIN

SOM OTELCILIK VE TURIZM TICARET A.S. TURKEY TOUR

SOM OTELCILIK VE TURIZM TICARET A.S. TURKEY TOUR

TURKIYE GARANTI BANKASI A.S. TURKEY FIN

W2-AKBANK T.A.S. TURKEY FIN

W2-TURK EKONOMI BANKASI A.S. TURKEY FIN

W3-BANKPOZITIF KREDIT VE KALKINAM BANKASI TURKEY FIN

W3-SEKERBANK A.S. TURKEY FIN

W3-TURKIYE GARANTI BANKASI AS TURKEY FIN

WBC-DELTA PLASTIK ENDUSTRISI A.S. TURKEY MFG

WBC-DELTA PLASTIK ENDUSTRISI A.S. TURKEY MFG

WBC-DELTA PLASTIK ENDUSTRISI A.S. TURKEY MFG

WBC-FERSAN FERMANTASYON URUN SAN. VE TIC.A.S TURKEY MFG

WBC-INTERFARMA TIBBI MALZEMELER SANAYI VE TI TURKEY MFG

WBC-SFC ENTEGRE ORMAN URUNLERI SANAYI VE TIC TURKEY MFG

CMFI-PRIDE UGANDA UGANDA FIN

CMFI-UGANDA FINANCE TRUST UGANDA FIN

MAPSWITCH UGANDA LTD UGANDA FIN

PLATINUM BANK OPEN JOINT STOCK COMPANY UKRAINE FIN

WBC-ATLANTIC GROUP LIMITED UKRAINE SVC

WBC-DEGRESS HOLDINGS LIMITED UKRAINE SVC

WINNER GROUP UKRAINE, INC. UKRAINE SVC

O&S CONSULTING, L.L.C. UZBEKISTAN CONS

ACCESS AFRICA FUND VARIOUS FIN

AEGIS INVESTMENT COMPANY VARIOUS FIN

CALVERT SOCIAL INVESTMENT FOUNDATION VARIOUS FIN

CASANOVO AFFORDABLE HOUSING FUND I, L.P. VARIOUS CONS

CONTOURGLOBAL SOLUTIONS HOLDINGS LIMITED VARIOUS POWER

CSI LATINA FINANCIAL,INC/CSI LEASING DE CENT VARIOUS FIN

CSI LEASING POLSKA SP.Z.O.O ET AL VARIOUS FIN

DOMES INTERNATIONAL, INC. VARIOUS MFG

E+CO., INC VARIOUS POWER

EMERGENCY LIQUIDITY FACILITY, L.P. VARIOUS FIN

EYE FUND 1, LLC VARIOUS FIN
62

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

GLOBAL MICROFINANCE FACILITY LTD. VARIOUS FIN

GLOBAL MICROFINANCE FACILITY LTD. VARIOUS FIN

GLOBAL PARTNERSHIPS MICROFINANCE FUND2006LLC VARIOUS FIN

GLOBAL PARTNERSHIPS MICROFINANCE FUND2008LLC VARIOUS FIN

GLOBAL PARTNERSHIPS MICROFINANCE FUND2008LLC VARIOUS FIN

GLOBAL PARTNERSHIPS SOCIAL INV. FUND 2010LLC VARIOUS FIN

GLOBAL PARTNERSHIPS SOCIAL INV. FUND 2010LLC VARIOUS FIN

GRASSROOTS BUSINESS FUND VARIOUS FIN

MFX SOLUTIONS, INC. VARIOUS FIN

MICROFINANCE GROWTH FUND, LLC VARIOUS FIN

MICROVEST I, LP VARIOUS FIN

MINLAM MICROFINANCE FUND (2) VARIOUS FIN

PROCREDIT HOLDING A.G. VARIOUS FIN

PROCREDIT HOLDING A.G. VARIOUS FIN

ROOT CAPITAL II VARIOUS FIN

ROOT CAPITAL INC. VARIOUS FIN

SEAF-SILATECH MENA SME FINANCE COMPANY LLC VARIOUS FIN

TB-AIR DRILLING ASSOCIATES VARIOUS OIL

WILPRO ENERGY SERVICES (EL FURRIAL) LIMITED VENEZUELA OIL

WILPRO ENERGY SERVICES (PIGAP II) LTD. VENEZUELA OIL

AUSTRALIS AQUACULTURE LLC VIETNAM AGRI

AMAL-CAIRO AMMAN FOR FINANCING FLTG LOANS PL WEST BANK & GAZA FIN

AMAL-CAIRO AMMAN FOR FINANCING FXD LOANS PLC WEST BANK & GAZA FIN

AMAL-PALESTINE FOR FINANCING FIXED LOANS PLC WEST BANK & GAZA FIN

AMAL-PALESTINE FOR FINANCING FLTG LOANS PLC WEST BANK & GAZA FIN

MEII-2-ARAB BANK WEST BANK & GAZA FIN

MEII-AL RAFAH BANK WEST BANK & GAZA FIN

MEII-AL-QUDS BANK FOR DEVELOPMENT & INVEST WEST BANK & GAZA FIN

MEII-ARAB BANK WEST BANK & GAZA FIN

MEII-BANK OF JORDAN WEST BANK & GAZA FIN

MEII-BANK OF PALESTINE (MOVENPICK) WEST BANK & GAZA TOUR

MEII-BANK OF PALESTINE (WATANIYA) WEST BANK & GAZA COMM

MEII-BANK OF PALESTINE WEST BANK & GAZA FIN

MEII-BANK OF PALESTINE WEST BANK & GAZA FIN

MEII-BANK OF PALESTINE-FATEN MICROFINANCE WEST BANK & GAZA FIN

MEII-CAIRO AMMAN BANK - FATEN MICROFINANCE WEST BANK & GAZA FIN

MEII-CAIRO AMMAN BANK (MOVENPICK) WEST BANK & GAZA TOUR

MEII-CAIRO AMMAN BANK WEST BANK & GAZA FIN

MEII-HOUSING BANK FOR TRADE AND FINANCE WEST BANK & GAZA FIN

MEII-JORDAN AHLI BANK WEST BANK & GAZA FIN
63

PROJECT NAME COUNTRY NAME SECTOR

FINANCE

MEII-PALESTINE COMMERCIAL BANK WEST BANK & GAZA FIN

MEII-QUDS BANK (WATANIYA) WEST BANK & GAZA COMM

MIDDLE EAST INVESTMENT INITIATIVE, INC. WEST BANK & GAZA FIN

MIDDLE EAST INVESTMENT INITIATIVE,INC. WEST BANK & GAZA FIN

PARTNERS FOR SUSTAINABLE DEV'MENT -NETKETABI WEST BANK & GAZA FIN

CASIA-DIGICEL (SAMOA) LIMITED WESTERN SAMOA COMM

AMERICAN EMBASSY SCHOOL OF LUSAKA ZAMBIA SVC

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

AFGHANISTAN BEVERAGE INDUSTRIES (ABI GROUP, 

LIMITED) AFGHANISTAN MFG

AFGHANISTAN BEVERAGE INDUSTRIES (ABI GROUP, 

LIMITED) AFGHANISTAN MFG

AFGHANISTAN BEVERAGE INDUSTRIES (ABI GROUP, 

LIMITED) AFGHANISTAN MFG

ARC CONSTRUCTION COMPANY, LLC AFGHANISTAN CONS

ASIA FOUNDATION AFGHANISTAN SVC

ASIA FOUNDATION AFGHANISTAN SVC

INTERNATIONAL FOUNDATION OF HOPE AFGHANISTAN AGRI

INTERNATIONAL FOUNDATION OF HOPE AFGHANISTAN AGRI

INTERNATIONAL RESCUE COMMITTEE, KABUL 

OFFICE/CENTRAL FIELD AFGHANISTAN SVC

INTERNATIONAL RESCUE COMMITTEE, KABUL 

OFFICE/CENTRAL FIELD AFGHANISTAN SVC

N/A AFGHANISTAN SVC

NOT APPLICABLE AFGHANISTAN MFG

RELIEF INTERNATIONAL BRANCH OFFICE AFGHANISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE AFGHANISTAN SVC

UNKNOWN AFGHANISTAN SVC

UNKNOWN AFGHANISTAN SVC

UNKNOWN ALBANIA SVC

KWABA - SOCIEDADE INDUSTRIAL E COMERCIAL, S.A.R.L. ANGOLA MFG

N/A ANGOLA SVC

TIVANNAH GLOBAL, LIMITADA ANGOLA MFG

UNKNOWN ANTIGUA/BARBUDA SVC

ARGENTINA OLIVE RANCH, S.A. ARGENTINA AGRI

FINCA LA CRUZ ARGENTINA AGRI

N/A ARMENIA SVC
64

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

INKISHAF UCHUN MALIYYE ("FINDEV") AZERBAIJAN FIN

N/A AZERBAIJAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE AZERBAIJAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE AZERBAIJAN SVC

THE BAKU-TBILISI-CEYHAN PIPELINE COMPANY AZERBAIJAN OIL

UNKNOWN AZERBAIJAN SVC

N/A BANGLADESH SVC

RELIEF INTERNATIONAL BRANCH OFFICE BANGLADESH SVC

RELIEF INTERNATIONAL BRANCH OFFICE BANGLADESH SVC

THE ASIA FOUNDATION BANGLADESH SVC

THE ASIA FOUNDATION BANGLADESH SVC

UNKNOWN BANGLADESH SVC

WEST AFRICAN GAS PIPELINE COMPANY LIMITED BENIN OIL

AXS BOLIVIA S.A. BOLIVIA COMM

EMPRESA MINERA MANQUIRI S.A. BOLIVIA MINING

UNKNOWN BOLIVIA SVC

UNKNOWN

BOSNIAHERZEGOVINA SVC

UNKNOWN BOTSWANA SVC

ACAI DO AMAPA AGROINDUSTRIAL LTDA. BRAZIL MFG

BANCO PINE BRAZIL FIN

BRASIL TELECOM, S.A. BRAZIL COMM

INTERNATIONAL RESCUE COMMITTEE BURUNDI SVC

UNKNOWN BURUNDI SVC

CREDIT LIMITED CAMBODIA FIN

FORESTRY ADMINISTRATION OF THE ROYAL 

GOVERNMENT OF CAMBODIA CAMBODIA SVC

THE ASIA FOUNDATION CAMBODIA SVC

THE ASIA FOUNDATION CAMBODIA SVC

ADVANS CAMEROON CAMEROON FIN

INTERNATIONAL RESCUE COMMITTEE

CENTRAL AFRICAN 

REPUBLIC SVC

INTERNATIONAL RESCUE COMMITTEE CHAD SVC

FUNDACIÓN MUNDO MUJER COLOMBIA FIN

FUNDACIÓN MUNDO MUJER COLOMBIA FIN

SECTOR RESOURCES, LTD. BRANCH COLOMBIA MINING

SECTOR RESOURCES, LTD. BRANCH COLOMBIA MINING

TERMOVALLE S.C.A. .E.S.P. COLOMBIA POWER

TERMOVALLE S.C.A. E.S.P. COLOMBIA POWER

MINOTERIE DU CONGO, S.A. CONGO MFG
65

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

MINOTERIE DU CONGO, S.A. CONGO MFG

INTERNATIONAL RESCUE COMMITTEE

CONGO, DEM. 

REPUBLIC OF SVC

INTERNATIONAL RESCUE COMMITTEE

CONGO, DEM. 

REPUBLIC OF SVC

MINOTERIE DE MATADI, S.A.R.L.

CONGO, DEM. 

REPUBLIC OF MFG

MINOTERIE DE MATADI, S.A.R.L.

CONGO, DEM. 

REPUBLIC OF MFG

MINOTERIE DE MATADI, S.A.R.L.

CONGO, DEM. 

REPUBLIC OF MFG

UNKNOWN

CONGO, DEM. 

REPUBLIC OF SVC

FOXTROT INTERNATIONAL LDC COTE DIVOIRE OIL

FOXTROT INTERNATIONAL LDC COTE DIVOIRE OIL

INTERNATIONAL RESCUE COMMITTEE COTE DIVOIRE SVC

PROFICIO D.D. CROATIA FIN

UNKNOWN DJIBOUTI SVC

DOMINICA ELECTRICITY SERVICES LTD. ("DOMLEC") DOMINICA POWER

NONE DOMINICA SVC

UNKNOWN

DOMINICAN 

REPUBLIC SVC

THE ASIA FOUNDATION EAST TIMOR SVC

THE ASIA FOUNDATION EAST TIMOR SVC

CORPORACION QUIPORT S.A. ECUADOR TRAN

CORPORACION QUIPORT S.A. ECUADOR TRAN

FUNDACION PARA EL DESARROLLO MICROEMPRESARIAL 

MISION ALIANZA ECUADOR FIN

UNKNOWN ECUADOR SVC

N/A EGYPT OIL

UNKNOWN EGYPT SVC

VARIOUS APACHE EGYPT CONCESSION SUBSIDIARIES EGYPT OIL

UNKNOWN EL SALVADOR SVC

INTERNATIONAL RESCUE COMMITTEE - ADDIS ABABA ETHIOPIA SVC

UNKNOWN ETHIOPIA SVC

AMERICAN DREAM HOME, S.C.I. GABON CONS

INTERNATIONAL RESCUE COMMITTEE GEORGIA SVC

JSC MFO CRYSTAL (CRYSTAL) GEORGIA FIN

JSC MFO CRYSTAL GEORGIA FIN

JSC TBC BANK GEORGIA FIN

UNKNOWN GEORGIA SVC
66

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

GHANA HOME LOANS (FUND I) LIMITED GHANA FIN

INTERNATIONAL COMMUNITY SCHOOL, LIMITED GHANA SVC

MINISTRY OF HEALTH OF GHANA GHANA SVC

N/A GHANA SVC

WEST AFRICAN GAS PIPELINE COMPANY LIMITED GHANA OIL

GRENADA ELECTRICITY SERVICES LIMITED GRENADA POWER

FUNDACION PARA EL DESARROLLO EMPRESARIAL Y 

AGRICOLA GUATEMALA FIN

FUNDACION PARA EL DESARROLLO EMPRESARIAL Y 

AGRICOLA GUATEMALA FIN

INTERNATIONAL RESCUE COMMITTEE HAITI SVC

LES MOULINS D'HAITI S.E.M (LMH) HAITI MFG

LES MOULINS D'HAITI S.E.M. (LMH) HAITI MFG

UNKNOWN HAITI SVC

AZURE POWER GUJARAT PRIVATE LIMITED INDIA MFG

SEP ENERGY INDIA PVT. LTD INDIA POWER

SEP ENERGY INDIA PVT. LTD INDIA POWER

SEP ENERGY INDIA PVT. LTD. INDIA POWER

JL. ADITYAWARMAN INDONESIA SVC

JL. ADITYAWARMAN INDONESIA SVC

PT TUCAN PUMPCO SERVICES INDONESIA INDONESIA OIL

RELIEF INTERNATIONAL BRANCH OFFICE INDONESIA SVC

RELIEF INTERNATIONAL BRANCH OFFICE INDONESIA SVC

UNKNOWN INDONESIA SVC

DAR ES SALAAM INSURANCE COMPANY IRAQ TOUR

DAR ES SALAAM INSURANCE COMPANY IRAQ TOUR

INTERNATIONAL RESCUE COMMITTEE IRAQ SVC

KHUDAIRI TRADING COMPANY LTD. IRAQ SVC

DISI WATER PSC JORDAN SVC

INTERNATIONAL RESCUE COMMITTEE JORDAN SVC

MINISTRY OF MINERAL AND ENERGY RESOURCES (MEMR) 

OF THE JORDAN MFG

N/A JORDAN SVC

RELIEF INTERNATIONAL BRANCH OFFICES JORDAN SVC

RELIEF INTERNATIONAL BRANCH OFFICES JORDAN SVC

LIMITED LIABILITY PARTNERSHIP MICROCREDIT 

ORGANIZATION ARNUR KAZAKHSTAN FIN

UNKNOWN KAZAKHSTAN SVC

INTERNATIONAL RESCUE COMMITTEE - KENYA KENYA SVC

MILANGO FINANCIAL SERVICES LIMITED KENYA FIN
67

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

N/A KENYA SVC

GENWORTH MORTGAGE INSURANCE CORP, KOREA KOREA (SOUTH) FIN

THE ASIA FOUNDATION KOREA (SOUTH) SVC

THE ASIA FOUNDATION KOREA (SOUTH) SVC

UNKNOWN KOSOVO SVC

WORLD RELIEF (KNOWN AS BESELIDJHA MICRO FINANCE) KOSOVO FIN

WORLD RELIEF (KNOWN AS BESELIDJHA/ZAVET MICRO KOSOVO FIN

UNKNOWN KYRGYZ REPUBLIC SVC

AMERICAN UNIVERSITY OF BEIRUT LEBANON SVC

BANK AUDI SAL-AUDI SARADAR GROUP LEBANON FIN

N/A LEBANON SVC

N/A LEBANON SVC

RELIEF INTERNATIONAL BRANCH OFFICES LEBANON SVC

RELIEF INTERNATIONAL BRANCH OFFICES LEBANON SVC

UNKNOWN LEBANON SVC

LESOTHO FLOUR MILLS LIMITED LESOTHO MFG

INTERNATIONAL RESCUE COMMITTEE - MONROVIA LIBERIA SVC

KWAPLAH INTERNATIONAL (LIBERIA), INC. LIBERIA SVC

KWAPLAH INTERNATIONAL (LIBERIA), INC. LIBERIA SVC

RLJ LIBERIA LLC LIBERIA TOUR

LMM FARINE, S.A. MADAGASCAR MFG

UNKNOWN MALAWI SVC

AMERICAN INTERNATIONAL SCHOOL OF BAMAKO MALI SVC

FORJADORES DE NEGOCIOS, SA DE CV (FORJADORES) MEXICO FIN

WADE RAIN DE MEXICO, S. DE R.L. DE C.V. MEXICO SVC

N/A MOLDOVA SVC

UNKNOWN MOLDOVA SVC

NONE MONGOLIA SVC

THE ASIA FOUNDATION MONGOLIA SVC

THE ASIA FOUNDATION MONGOLIA SVC

N/A MOROCCO SVC

N/A MOZAMBIQUE SVC

THE ASIA FOUNDATION NEPAL SVC

THE ASIA FOUNDATION NEPAL SVC

UNKNOWN NEPAL SVC

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA FIN

N/A NICARAGUA SVC

NONE NIGER SVC

AES NIGERIA BARGE LIMITED NIGERIA POWER

AMERICAN INTERNATIONAL SCHOOL OF ABUJA NIGERIA SVC
68

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

AMERICAN INTERNATIONAL SCHOOL OF ABUJA NIGERIA SVC

CONTOURGLOBAL SOLUTIONS (NIGERIA) LTD. NIGERIA POWER

CONTOURGLOBAL SOLUTIONS (NIGERIA) LTD. NIGERIA POWER

CONTOURGLOBAL SOLUTIONS (NIGERIA) LTD. NIGERIA POWER

CONTOURGLOBAL SOLUTIONS (NIGERIA) LTD. NIGERIA POWER

CONTOURGLOBAL SOLUTIONS (NIGERIA) LTD. NIGERIA POWER

CONTOURGLOBAL SOLUTIONS (NIGERIA) LTD. NIGERIA POWER

N/A NIGERIA SVC

INTERNATIONAL RESCUEE COMMITTEE PAKISTAN SVC

NOT APPLICABLE PAKISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE PAKISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE PAKISTAN SVC

THE ASIA FOUNDATION PAKISTAN SVC

THE ASIA FOUNDATION PAKISTAN SVC

UNKNOWN PAKISTAN SVC

UNKNOWN PANAMA SVC

N/A PARAGUAY SVC

FINANCIERA TFC, S.A. PERU FIN

TOTAL ARTEFACTOS S.A. PERU SVC

UNKNOWN PERU SVC

CE CASECNAN WATER AND ENERGY COMPANY, INC. PHILIPPINES POWER

CE CASECNAN WATER AND ENERGY COMPANY, INC. PHILIPPINES POWER

CE CASECNAN WATER AND ENERGY COMPANY, INC. PHILIPPINES POWER

NATIONAL POWER CORPORATION ("NAPOCOR") PHILIPPINES POWER

SEEDFINANCE CORPORATION PHILIPPINES FIN

THE ASIA FOUNDATION PHILIPPINES SVC

THE ASIA FOUNDATION PHILIPPINES SVC

UNKNOWN PHILIPPINES SVC

DEVELOPMENT ALTERNATIVES, INC. RISK SVC

INTERNATIONAL RESCUE COMMITTEE RISK SVC

RELIEF INTERNATIONAL BRANCH OFFICE RISK SVC

THE ASIA FOUNDATION RISK SVC

INTERNATIONAL RESCUE COMMITTEE RUSSIA SVC

MINISTRY OF HEALTH OF SAMARA OBLAST RUSSIA SVC

OOO MORGAN STANLEY BANK RUSSIA FIN

OPEN JOINT STOCK COMPANY TERMINAL RUSSIA CONS

REAL ESTATE DEVELOPMENT GROUP LLC RUSSIA SVC

SAMARA OBLAST RUSSIA SVC

ZAO "ISP OPTICS, SAINT-PETERSBURG" RUSSIA MFG

INTERNATIONAL RESCUE COMMITTEE RWANDA SVC
69

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

SORWATHE S.A.R.L. RWANDA MFG

UNKNOWN RWANDA SVC

INTERNATIONAL RESCUE COMMITTEE SIERRA LEONE SVC

INTERNATIONAL RESCUE COMMITEE SOMALIA SVC

RELIEF INTERNATIONAL BRANCH OFFICE SOMALIA SVC

RELIEF INTERNATIONAL BRANCH OFFICE SOMALIA SVC

N/A SOUTH AFRICA SVC

RELIEF INTERNATIONAL BRANCH OFFICES SRI LANKA SVC

RELIEF INTERNATIONAL BRANCH OFFICES SRI LANKA SVC

THE ASIA FOUNDATION SRI LANKA SVC

THE ASIA FOUNDATION SRI LANKA SVC

RELIEF INTERNATIONAL BRANCH OFFICE TAJIKISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE TAJIKISTAN SVC

UNKNOWN TAJIKISTAN SVC

ENTERPRISE HOMES TANZANIA LIMITED, CARE OF 

ISHENGOMA, MASHA TANZANIA CONS

ENTERPRISE HOMES TANZANIA LIMITED, CARE OF 

ISHENGOMA, MASHA TANZANIA CONS

INTERNATIONAL RESCUE COMMITTEE TANZANIA SVC

M/S NASHERA LIMITED TANZANIA TOUR

MUTUAL VENTURES LIMITED TANZANIA CONS

N/A TANZANIA SVC

INTERNATIONAL RESCUE COMMITTEE THAILAND SVC

THE ASIA FOUNDATION BRANCH OFFICES THAILAND SVC

THE ASIA FOUNDATION BRANCH OFFICES THAILAND SVC

CONTOURGLOBAL TOGO S.A. TOGO POWER

WEST AFRICAN GAS PIPELINE COMPANY LIMITED TOGO OIL

ASYA KATILIM BANKASI A.S. TURKEY FIN

M/N BUTLER MIMARLAR ARASTIRMA TASARI VE YAPI LTD. 

STI. TURKEY TOUR

M/N BUTLER MIMARLAR ARASTIRMA TASARI VE YAPI LTD. 

STI. TURKEY TOUR

M/N BUTLER MIMARLAR ARASTIRMA TASARI VE YAPI LTD. 

STI. TURKEY TOUR

CAICOS TELEVISION HOLDINGS LTD.

TURKS & CAICOS 

ISLANDS COMM

INTERNATIONAL RESCUE COMMITEE - KAMPALA UGANDA SVC

PEARL MICROFINANCE LIMITED UGANDA FIN

PEARLE MICROFINANCE LIMITED UGANDA FIN

UGAFODE MICROFINANCE LIMITED UGANDA FIN

UNKNOWN UGANDA SVC
70

PROJECT NAME COUNTRY NAME SECTOR

INSURANCE

AMSTED-RAIL LLC UKRAINE MFG

CONTOURGLOBAL SOLUTIONS HOLDING COMPANY LLC UKRAINE POWER

N/A UKRAINE SVC

UNKNOWN UKRAINE SVC

BUKHARA MALIKHASI, LLC UZBEKISTAN TOUR

KHIVA MALIKASI, LLC UZBEKISTAN TOUR

KHIVA MALIKASI, LLC UZBEKISTAN TOUR

TASHKENT INTERNATIONAL SCHOOL UZBEKISTAN SVC

CONSOLIDADA DE FERRYS, C. A. (CONFERRY) VENEZUELA TRAN

CONSOLIDADA DE FERRYS, C. A. (CONFERRY) VENEZUELA TRAN

N/A VIETNAM SVC

GAZA POWER GENERATING PRIVATE LIMITED COMPANY WEST BANK & GAZA POWER

GAZA POWER GENERATING PRIVATE LIMITED COMPANY WEST BANK & GAZA POWER

N/A WEST BANK & GAZA SVC

RELIEF INTERNATIONAL HEBRON CENTER OF 

EXCELLENCE WEST BANK & GAZA SVC

RELIEF INTERNATIONAL HEBRON CENTER OF 

EXCELLENCE WEST BANK & GAZA SVC

HILL ESTATES LIMITED, P.O. BOX 31617 ZAMBIA SVC

HILL ESTATES LIMITED, P.O. BOX 31617 ZAMBIA SVC

N/A ZAMBIA SVC

NATIONAL MILLING COMPANY LIMITED ZAMBIA MFG

INTERNATIONAL RESCUE COMMITTEE ZIMBABWE SVC

PROJECT NAME COUNTRY NAME SECTOR

FUNDS

ASIA DEVELOPMENT PARTNERS III, LP INDIA FIN

FCP FUND JORDAN FIN

ALSIS MEXICO OPPORTUNITIES FUND MEXICO FIN

CAPITAL ALLIANCE PROPERTY INVESTMENT CO., LP NIGERIA FIN

SAWHF PVE (SA) SOUTH AFRICA FIN

SIGMABLEYZER SOUTHEAST EUROPEAN FUND IV UKRAINE FIN

ACCELERATOR TECHNOLOGY AND INNOVATION FUND VARIOUS FIN

ACF INVESTMENTS B, LTD. VARIOUS FIN

ACF INVESTMENTS C, LTD. VARIOUS FIN

ACF INVESTMENTS, LTD. VARIOUS FIN

ACF INVESTORS, LTD. VARIOUS FIN

ACF INVESTORS, LTD. VARIOUS FIN

AFRICA TELECOM, MEDIA & TECHNOLOGY FUND LLC VARIOUS FIN
71

PROJECT NAME COUNTRY NAME SECTOR

FUNDS

ALSIS LATIN AMERICA FUND, L.P. VARIOUS FIN

AQUA PARTNERS LP VARIOUS FIN

ASIA DEVELOPMENT PARTNERS II, L.P. VARIOUS FIN

CLEARWATER CAPITAL PARTNERS INVESTMENTSII LP VARIOUS FIN

CLEARWATER CAPITAL PARTNERS IV, L.P. VARIOUS FIN

DARBY LATIN AMERICAN HOLDINGS, L.P. VARIOUS FIN

DARBY-PROBANCO HOLDINGS, L.P. VARIOUS FIN

ECP AFRICA FIII INVESTMENTS LLC VARIOUS FIN

ECP AFRICA FIII INVESTMENTS LLC VARIOUS FIN

ECP AFRICA FUND II INVESTMENTS LLC VARIOUS FIN

ECP MENA GROWTH FII LLC VARIOUS FIN

ETHOS PRIVATE EQUITY FUND V VARIOUS FIN

FONDO ALSIS MEXICO DE VIVIENDA DE INTERES SO VARIOUS FIN

GREYLOCK AFRICA OPPORTUNITY FUND I VARIOUS FIN

HELIOS INVESTORS II AFRICA, LTD. VARIOUS FIN

HELIOS SUB-SAHARAN AFRICA FUND I, L.P. VARIOUS FIN

INFRACO SUB-SAHARA INFRASTRUCTURE FUND VARIOUS FIN

LATIN POWER III INVESTMENTS, L.P. VARIOUS FIN

MEACP CLEAN ENERGY FUND II L.P. VARIOUS FIN

PALADIN REALTY LATIN AMERICA INVESTORS II,LP VARIOUS FIN

PALADIN REALTY LATIN AMERICA INVESTORS III VARIOUS FIN

RUSSIA PARTNERS II "O" SERIES, L.P. VARIOUS FIN

SACEF HOLDINGS VARIOUS FIN

SOUTHEAST EUROPE EQUITY FUND II, L.P. VARIOUS FIN

THE GREAT CIRCLE FUND L.P. (MISF) VARIOUS FIN

USRG EMERGING MARKETS FUND, LP VARIOUS FIN

VIRGIN GREEN FUND GLOBAL I, L.P. VARIOUS FIN

SIRAJ PALESTINE FUND I WEST BANK & GAZA FIN

PROJECT NAME COUNTRY NAME SECTOR

NON-HONORING SOVEREIGN GUARANTEED

ISAGEN S.A. E.S.P. COLOMBIA POWER

HRVATSKE AUTOCESTE D.O.O. CROATIA CONS

ISRAEL ELECTRIC CORPORATION LTD. ISRAEL OIL
72

APPENDIX C – CONVERSIONS AND SOURCES

Below are additional emission factors, conversions, and other factors used in the emission estimates and 

sources. 

Value Unit of Measure Source

8,000 Hours per Year Conservative Operating Assumption – EIA 

Form 923 data, 2007

333 Days per Year Calculated from Hours per Year

1,000 kWh per MWh The Climate Registry, Appendix C

1,000,000 Btu per MMBtu The Climate Registry, Appendix C

251.98 Btu per cal Perry's Chemical Engineering Hand Book, 

Table 1-7

0.001 metric tonnes per kg The Climate Registry, Appendix C

0.0011023 Short Tons per kg The Climate Registry, Appendix C

1,000,000 scf per Mcf The Climate Registry, Appendix C

0.02832 m3 per scf The Climate Registry, Appendix C

0.9072 metric tonnes per short ton The Climate Registry, Appendix C

0.000001 metric tonnes per g The Climate Registry, Appendix C

0.0000011023 short tons per g The Climate Registry, Appendix C

907.18 kg per short ton The Climate Registry, Appendix C

2.2046 lbs per kg The Climate Registry, Appendix C

2204.62 lbs per metric tonne The Climate Registry, Appendix C

2,000 lbs per short ton The Climate Registry, Appendix C

42 gallons per barrel The Climate Registry, Appendix C

53.02 kg CO2 per MMBtu natural gas The Climate Registry, Table 12.1

73.96 kg CO2 per MMBtu diesel (fuel oil) The Climate Registry, Table 12.1

93.40 kg CO2 per MMBtu coal (bituminous) The Climate Registry, Table 12.1

97.02

kg CO2 per MMBtu coal (subbituminous) The Climate Registry, Table 12.1

74.49 kg CO2 per MMBtu crude oil The Climate Registry, Table 12.1

0.0545 kg CO2 per scf natural gas The Climate Registry, Table 12.1

75.10 kg CO2 per MMBtu Residual Fuel Oil 

(#5 & 6) The Climate Registry, Table 12.1

1028 Btu per scf natural gas The Climate Registry, Table 12.1

5.796 MMBtu per barrel diesel (fuel oil) The Climate Registry, Table 12.1

24.93 MMBtu per short ton coal (bituminous) The Climate Registry, Table 12.1

17.25 MMBtu per short ton coal (subbituminous) The Climate Registry, Table 12.1

5.796 MMBtu per barrel crude oil The Climate Registry, Table 12.1

893 g CO2 per kWh generated using coal IFC Guidance Note 3, Annex A section A-(ii)

659 g CO2 per kWh generated using oil IFC Guidance Note 3, Annex A section A-(ii)

395 g CO2 per kWh generated using natural 

gas

IFC Guidance Note 3, Annex A section A-(ii)
73

APPENDIX D – ANNOTATED BIBLIOGRAPHY

American Petroleum Institute (API). Compendium of Greenhouse Gas Emissions Methodologies for the 

Oil and Gas Industry. February 2004. 

<http://www.api.org/ehs/climate/new/upload/2004_COMPENDIUM.pdf>

Examples from API were used for those projects in Tier B [Accroven SRL, Various Egypt 

Subsidiaries (Apache), EP Interoil, RPK-Vysotsk (Lukoil II)] for which there were no consumption 

volumes or other data to base an emissions estimate on. The size of operations for these 

examples was compared to the size of the projects in Tier B, resulting in a multiplication factor 

which was applied to the API example’s emissions estimate to arrive at an approximate estimate 

for the Tier B project. Additionally, a methane-fugitive emissions factor for compression, 

sourched from the API Compendium of Greenhose Gas Emissions, Table 6-5, was used for the 

Wilpro Energy Services projects. 

California Energy Commission, Electric Power Research Institute. Implementing Advanced Control and 

Power Technologies to Improve Energy Efficiency and Reduce Operating Costs for U.S. Petroleum 

Refining and Petrochemical Manufacturing. CEC-500-2006-055. April 2006. 

No information was provided in the project description for the Equate Petrochemical facility 

indicating its size or energy consumption. The average size of petrochemical facilities in the 

Middle East, of ~850,000 tpy, was sourced from the Oil and Gas Journal. Specific energy 

requirements and generation sources expected from a petrochemical facility of this size were 

sourced from the CEC report. This data enabled the qualified estimation of emissions from this 

facility. 

The Climate Registry. General Reporting Protocol Version 1.1. May 2008. 

<http://www.theclimateregistry.org/downloads/GRP.pdf> 

The Climate Registry is the broadest-reaching registry in North America with participation from all 

Canadian provinces, six Mexican states, and 40 U.S. states. The Climate Registry’s General 

Reporting Protocol is based on the WRI/WBCSD GHG Protocol, the “gold” standard in GHG 

Accounting and Reporting. Emission, heat content, and conversion factors from this document 

were used in the analysis (Table 12.1 and Appendix C). 

Energy Information Administration (EIA) U.S. Natural Gas Consumption by End Use. 2003-2007.

<http://tonto.eia.doe.gov/dnav/ng/ng_cons_sum_dcu_nus_a.htm>

Emissions from natural pipeline transport are very segment specific, varying by pipeline 

infrastructure, compression energy source, and segment distance. In order to define the related 

emissions for representative pipeline hauls in the absence of system specifications, Pace Global 

assumed pipeline-fuel consumption and both combustion and non-combustion COe emissions,

based on EIA natural gas 2consumption data and data from the U.S. GHG Inventory released by 

EPA in 2008. This data yielded an average fugitive-emission-loss rate of 1.7 percent (per unit 

volume), and fugitive emissions factor of 4,297 lbs CO2 per MMscfd. The emissions associated 

with combustion required to move natural gas was calculated to be 3,439 lbs CO2 per MMscd. 
74

International Energy Agency. Coal in Indonesia in 2006. 

<http://www.iea.org/Textbase/stats/coaldata.asp?COUNTRY_CODE=ID> 

The coal profile for Indonesia in 2006 specifies the type of coal consumed and what it was 

combusted for. The table provided by IEA details the volume of coal used in electricity plants as 

being 100% sub-bituminous. This information was necessary to calculate the emissions for Paiton 

Energy as each coal type has a different emissions factor and heat-content value. 

International Energy Agency. Coal in Morocco in 2006. 

<http://www.iea.org/Textbase/stats/coaldata.asp?COUNTRY_CODE=MA> 

The coal profile for Morocco in 2006 specifies the type of coal consumed and what it was 

combusted for. The table provided by IEA details the volume of coal used in electricity plants as 

being 100% bituminous. This information was necessary to calculate the emissions for Jorf Lasfar 

Energy as each coal type has a different emissions factor and heat-content value. 

International Finance Corporation (IFC). Guidance Note 3: Pollution Prevention and Abatement. July 31, 

2007. <http://www.ifc.org/ifcext/sustainability.nsf/Content/GuidanceNotes> 

This guidance note by the IFC provides suggested GHG emissions estimation methodologies for 

the energy and industrial sectors. The table in Annex A provides the capacity for electricgenerating technologies (oil = 25MW, coal = 18MW, gas = 41MW) that would emit 100,000 metric 

tonnes of CO2e per year. The table also provides the emissions factor that was applied to the 

electric generation projects for which no throughput or consumption volumes were available. 

Nye Thermodynamics Corporation. Gas Turbine Specifications by Manufacturer. Nuovo Pignone turbine 

specifications.

<http://www.gas-turbines.com/specs/manuf.htm>

The project descriptions for Wilpro Energy Services (Pigap) and Wilpro Energy Services (El 

Furrial) indicate that the compression if driven by Nuovo Pignone Gas Turbines. Pace estimated 

energy requirements from compression levels depicted for each project and consulted 

specifications of the appropriately sized Nuovo Pignone gas turbines. Efficiency and other 

specifications of these turbines were collected from the Nye Thermodynamics Corporation 

website documenting gas turbine specifications by manufacturer. 

Oil and Gas Journal. “Special Report: Worldwide Ethylene Capacity Increases 2 Million TPY in 2007,” 

Volume 106, July 28, 2008.

No information was provided in the project description for the Equate Petrochemical facility 

indicating its size or energy consumption. The average size of petrochemical facilities in the 

Middle East, of ~850,000 tpy, was sourced from the Oil and Gas Journal. Specific energy 

requirements and generation sources expected from a petrochemical facility of this size were 

sourced from the CEC report. This data enabled the qualified estimation of emissions from this 

facility. 
75

Trans Alaska Pipeline Environmental Impact Statement Document, Energy Requirements for 

Conservation Potential. February 15, 2001.

<http://tapseis.anl.gov/documents/docs/Section_4_9_May2.pdf>

Energy-demand factors for crude-pipeline transport were sourced from documents associated 

with the Environmental Impact Statement for the Trans Alaska Gas pipeline in order to calculate 

GHG emissions for the Baku-Tblisi-Ceyhan Pipeline. 

United States Environmental Protection Agency.(EPA). AP 42: Compilation of Air Pollutant Emission 

Factors, Volume 1 Stationary Point and Area Sources. “Appendix A: Miscellaneous Data & Conversion 

Factors”. September 1985. <http://www.epa.gov/ttn/chief/ap42/> 

Conversion factors not provided by The Climate Registry were obtained from U.S. EPA’s AP 42 

document, specifically for the density of natural gas and crude oil and the conversion of 

kilometers to miles.

United States Environmental Protection Agency (EPA). Inventory of U.S. GHG Emissions and Sinks, 

1990-2006. Tables 3-34 and 3-36. 

<http://www.epa.gov/climatechange/emissions/downloads/08_CR.pdf>

Emissions from natural-gas-pipeline transport are very segment specific, and vary according to 

pipeline infrastructure, compression-energy source, and segment distance. In order to define the 

related emissions for representative pipeline hauls in the absence of system specifications, Pace 

Global assumed pipeline-fuel consumption and both combustion and non-combustion CO2e 

emissions based on EIA natural gas consumption data and data from the U.S. GHG Inventory,

released by EPA in 2008. This data yielded an average fugitive emission loss rate of 1.7 percent

(per unit volume), and fugitive emissions factor of 4,297 lbs CO2 per MMscfd. The emissions 

associated with combustion required to move natural gas was calculated to be 3,439 lbs CO2 per 

MMscd.