This technical glossary of terms was commissioned by the Oil & Gas Methodology Workgroup Why the need for a glossary of terms? (WG) to compile and explain how specific oil and gas terms found and/or required in relevant CDM/JI Methodologies, are understood and applied by industry, and how the concepts should be interpreted in the context of project activities. The document is intended to help reduce possible misinterpretations that can lead to delay and additional transactions costs during the formulation, validation, registration and verification of CDM/JI projects. The glossary features industry references as appropriate, and is meant to serve as a useful guide when suggesting improvement and/or requests for clarification and/or revisions of the approved methodologies.

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