GE study finds 5% of worlds natural gas production wasted per year by flaring
Green Car Congress
APRIL 4, 2011
Gas flaring emits 400 million metric tons of CO 2 annually, the same as 77 million automobiles, without producing useful heat or electricity. If half of this flare gas (25 bcm per year) was captured and sold at prevailing domestic prices in Russia, the economic opportunity may exceed US$2 billion (65 billion rubles). Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year.