GE study finds 5% of worlds natural gas production wasted per year by flaring
Green Car Congress
APRIL 4, 2011
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. —David Victor, director of the Laboratory on International Law & Regulation at the University of California San Diego.