Wednesday, October 21, 2009

Gas flaring reduction efforts progressing

The World Bank-led Global Gas Flaring Reduction partnership (GGFR) reports the global estimate for gas flaring has declined for a third consecutive year.

GGFR helps countries and companies to both implement gas-flaring reduction projects and seize opportunities to increase the utilization of associated gas.

“Our work in different countries, from Russia to Azerbaijan and from Nigeria to Mexico, illustrate this common effort of preparing for potential opportunities to improve energy efficiency, expand access to energy, and contribute to climate change mitigation hence promoting sustainable development,” GGFR said in a newsletter posted on its web site.

In December 2008, the GGFR held a Global Forum on Flaring and Venting Reduction in Amsterdam. Some 175 delegates from over 100 different organizations and 38 countries attended the Amsterdam event.

Numerous oil companies helped sponsor or sent delegates and speakers to the conference; They included Royal Dutch Shell PLC, Total SA, Chevron, ExxonMobil Corp., BP PLC, StatoilHydro ASA, and Petrobras.

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