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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq is among seven countries responsible for two-thirds of the world's gas flaring

    Rocky
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    • Post n°1

    Iraq is among seven countries responsible for two-thirds of the world's gas flaring Empty Iraq is among seven countries responsible for two-thirds of the world's gas flaring

    Post by Rocky Sun 30 May 2021, 8:01 am

    Iraq is among seven countries responsible for two-thirds of the world's gas flaring

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    The World Bank said that the oil and gas industry witnessed an unprecedented year, as oil production decreased by 8% in 2020, while global gas flaring decreased by 5%.
    This came in the new satellite data collected by the World Bank’s Global Partnership to Reduce Gas Flaring.
    He added that oil production had decreased from 82 million barrels per day in 2019 to 76 million in 2020, and at the same time, gas flaring worldwide decreased from 150 billion cubic meters in 2019 to 142 million in 2020.
    According to the bank, "The world is still burning sufficient quantities of gas to light Sub-Saharan Africa. The United States accounted for 70% of the global decline, as gas flaring decreased by 32% from 2019 to 2020, as a result of the decline in oil production by 8%, to In addition to the new infrastructure for the use of gas that would otherwise be burned. "
    Satellite data on gas flaring from 2020 reveals that Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria are still the seven countries that burn gas in a row for nine consecutive years, since the first satellite was launched in 2012 to track gas flaring operations.
    These seven countries produce 40% of the world's oil annually, but they account for about two-thirds (65%) of gas flaring operations worldwide. This trend indicates the continuing challenges that these countries face, albeit differentiated.
    For example, in the United States there are thousands of individual gas burning sites that are difficult to connect to any market, while the few oil fields that burn large quantities of gas in Eastern Siberia in the Russian Federation are very remote and lack the infrastructure to collect and transport associated gas. .
    Gas flaring refers to the burning of natural gas associated with oil extraction, and it occurs due to a host of things ranging from market and economic restrictions and obstacles to a lack of appropriate regulation and political will.
    This practice results in a range of pollutants being released into the atmosphere, including carbon dioxide, methane and black carbon (soot). Methane emissions from gas flaring contribute more to global warming in the short to medium term, because methane is more than 80 times stronger on the climate than carbon dioxide over a 20-year period.
    “In the wake of the Coronavirus pandemic, oil-dependent developing countries are feeling the brunt of the crisis, suffering from revenue and budgetary constraints. "More than 400 million tons of carbon dioxide-equivalent emissions are released each year, and it is time to act. We must press ahead with plans to drastically reduce the direct emissions of the oil and gas sector, including emissions from gas flaring."
    The World Bank’s Global Gas Flaring Reduction Partnership is a trust fund and a partnership between governments, oil companies and multilateral organizations working to end automatic burning of gas at oil production sites around the world. The Global Gas Flaring Reduction Partnership, in cooperation with the US National Oceanic and Atmospheric Administration and the Colorado University of Minerals, has developed global estimates of gas flaring based on observations of two satellites launched in 2012 and 2017.
    Advanced sensors on the two satellites monitor heat emitted from burning gas as infrared emissions in oil and gas production facilities around the world.
    "Awareness of gas flaring as a serious climate and resource management issue has become greater than ever," said Zubin Bamji, program manager at the Global Partnership for Gas Flaring Trust Fund. "About 80 governments and oil companies have pledged to completely stop automatic gas flaring within the decade." Next, others are also joining our global partnership, which is a very positive development. Projects to reduce gas flaring require major investments and take several years to bear fruit. Reducing gas flaring is at the forefront of their climate plans. In order for us to save the world from millions of tons of emissions annually, this 160-year industrial practice must end now. "
    Source: The World Bank
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