Catalyst with Shayle Kann

Why are we still flaring gas?

15 snips
Aug 29, 2024
Tomás de Oliveira Bredariol, an energy and environmental policy analyst at the IEA, delves into the perplexing issue of gas flaring in oil production. Despite major initiatives, flare volumes have stagnated, leading to massive greenhouse gas emissions. Tomás discusses the nine countries responsible for the majority of flaring and the surprising reasons oil companies choose diesel over available gas. He explores innovative alternatives for using flared gas, potential regulations, and financial incentives as pathways to reduce waste and unleash methane's value.
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INSIGHT

Reasons for Flaring

  • Oil producers flare gas due to lacking infrastructure for exporting associated gas.
  • Other reasons include focusing on more profitable oil production and short-term economic considerations.
ANECDOTE

Flaring Volumes

  • In 2022, 148 billion cubic meters of natural gas were flared, exceeding Norway's total production.
  • Flaring volumes remain high despite initiatives like the Zero Routine Flaring Initiative.
INSIGHT

Emissions from Flaring

  • Flaring produces over 500 million tons of CO2 equivalent, including uncombusted methane.
  • Imperfect combustion efficiency (around 92% globally) contributes to methane emissions.
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