Reducing the amount of natural gas wastefully flared during operations is a critical component in reducing emissions from the oil and gas sector. Gas flaring results in a range of pollutants released into the atmosphere, including carbon dioxide, methane and black carbon (soot). In addition to reducing emissions, gas flaring reduction could improve access to energy whilst also supporting countries with their Nationally Determined Contributions under the Paris Agreement.
In service of Ipieca's mission to enhance and communicate knowledge and understanding, we are pleased to co-host a webinar with IOGP on the World Bank's Global Gas Flaring Reduction (GGFR) Partnership's 2020 Global Gas Flaring Tracker Report.The annual report estimates global gas flaring volumes based on satellite observations, with data showing that in 2020 flaring reduced globally by ~5% from 2019.
During the webinar, Zubin Bamji and Harshit Agrawal from the GGFR Partnership will provide insights and highlight key takeaways from the satellite data and the 2020 Global Gas Flaring Tracker Report. This year, the report introduces a new metric, the Imported Flare Gas (IFG) Index, which shows how countries that import crude oil are exposed to gas flaring. The IFG Index is a consumer-oriented metric that helps oil-importing countries recognise they have an influential role to play in reducing emissions from energy systems globally. The Index can also help oil-importing countries:
- assess where the flaring hotspots are in their fossil fuel supply chain;
- engage in dialogue with countries from which they buy oil;
- assist in implementing flaring reduction initiatives; and
- significantly improve the carbon emissions intensity of the oil they consume.
Zubin Bamji is Program Manager of the World Bank's GGFR Partnership and Trust Fund. He leads a team focused on identifying solutions to the many technical, regulatory, policy, and financial barriers to flaring reduction by helping develop country-specific programs, conducting research, sharing best practices, raising awareness, increasing the global commitments to end routine flaring, and advancing flare measurements and reporting.
HarshitAgrawal is a Senior Gas Specialist at the World Bank, currently managing GGFR's technical program, which includes helping governments with their gas flaring monetisation efforts, developing country-specific flaring reduction programs, managing and monitoring global gas flaring satellite data, and assessing viable technologies and technical solutions.
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