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ISO 27001: Certification standard for in- formation security management.
ISO 50001: Certifiable energy manage- ment standard.
ISO 9001: Certifiable quality manage- ment standard.
IUCN: International Union for Conserva- tion of Nature.
JV (Joint Venture): joint commercial investment agreement between two or more partners.
LAB: Linear alkyl benzene, the most common raw material in the production of biodegradable detergents.
LABSA: Sulphonic acid of linear alkyl benzene, used in manufacturing powder, liquid, gel, agglomerate, bar or tablet de- tergents.
LATAM: Latin America.
LPG: Liquefied Petroleum Gas.
MARPOL: International Convention for the Prevention of Pollution from Ships in the marine environment caused by op- erational or accidental factors.
MENA: Middle East and North Africa.
MWh: Megawatt hour. Energy unit
Net entitlement: Net entitlement, cal- culated after applying contractual provi- sions, in the case of Production Distribu- tion Agreements, in accordance with the SEC (Securities and Exchange Commis- sion) regulations.
NOx: Nitrogen oxides.
OECD: Organisation for Economic Co- operation and Development.
Offshore: Away from the coast or out to sea. Applies to activities performed at sea, such as the operation of oil plat- forms.
Onshore: Inland from the coastline; on land.
Other indirect greenhouse gas emis- sions (Scope 3): All indirect emissions (except for those included in Scope 2) that take place outside of the organisa- tion, at both production and consumer entities.
PAC expenses: expenses used for pollu- tion abatement and control.
Paris COP21: International Conference on Climate Change held in Paris in 2015.
PET: Polyethylene terephthalate, a plas- tic used in packaging and textiles.
PIA: Purified isophthalic acid for the manufacture of polyesters.
Pool: Wholesale electricity market. Mar- ket overseen by the operator OMEL, in which electricity is purchased and sold on a daily basis.
RBSA (Red Bioenergy Sustainability Assurance): standard for biofuel certi- fication.
Revamping: Modernisation and renova- tion of industrial processes.
ROP: Refining Optimisation Plan.
Seismic: Method for determining a de- tailed subterranean structure of rock by detecting and measuring reflected acoustic waves impacting the various rock strata. It is used to locate structures that may potentially contain crude oil or gas before drilling. The processing of these data produces 3D images of the subterranean structures to be generated.
SMEs: Small and Medium-sized Enter- prises.
SO2: Sulphur dioxide.
UAE: United Arab Emirates.
UNE-EN ISO: International standard as drafted for Spain.
United Nations Global Compact: Ini- tiative intended to encourage the private sector to assume environmental, labour, human rights protection and anti-corrup- tion commitments.
Working interest: Total production inter- est, calculated before applying contrac- tual conditions in the case of Production Distribution Agreements.
2017 ANNUAL AND CORPORATE RESPONSIBILITY REPORT
