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GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

NOVEMBER 2, 2020

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.

Turkmenistan 170
Turkmenistan Equatorial Guinea United Arab Emirates Gas 170
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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

APRIL 4, 2011

A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. GE Energy Flare Gas Reduction Study. Click to enlarge.

Waste 260
Waste Gas Equatorial Guinea Gas-Electric 260
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