Global Gas Flaring Tracker Report 2022

The 2022 Global Gas Flaring Tracker Report produced by the World Bank’s Global Gas Flaring Reduction Partnership (GGFR) finds that the top 10 flaring countries accounted for 75 percent of all gas flaring and 50 percent of global oil production in 2021.

More related news

  • Seven of the top 10 flaring countries have held this position consistently for the last 10 years: Russia, Iraq, Iran, the United States, Venezuela, Algeria, and Nigeria.
  • The remaining three; Mexico, Libya, and China, have shown significant flaring increases in recent years.
  • In 2021, 144 billion cubic meters of gas was needlessly burnt in flares at upstream oil and gas facilities across the globe, resulting in approximately 400 million tons of carbon dioxide (CO2) equivalent emissions, of which 361 MMtCO2e was in the form of CO2 and 39 MMtCO2e was in the form of methane.

What is Gas flaring ?

  • According to World Bank, gas flaring is the burning of natural gas associated with oil extraction.
  • Flaring persists to this day because it is a relatively safe, though wasteful and polluting, method of disposing of the associated gas that comes from oil production.
  • Ending this wasteful and polluting practice is central to the broader effort to decarbonization oil and gas production.
  • During flaring not all of the associated gas is burnt, and a relatively small amount of methane is released uncombusted. As such, efforts to reduce flaring lead to a direct reduction in methane emissions.

GS TIMES UPSC PRELIMS & MAINS CURRENT AFFAIRS BASED BASICS  DAILY ONLINE TEST CLICK HERE

CLICK HERE DAILY CURRENT AFFAIRS QUIZ FOR STATE CIVIL SERVICES

Written by 

Leave a Reply

Your email address will not be published. Required fields are marked *