Ipieca, IOGP and World Bank’s Global Gas Flaring Reduction Partnership (GGFR) today launch the 'Flaring management guidance for the oil and gas industry' which provides a framework for oil and gas companies, governments and regulators to reduce or eliminate flaring.
By reducing or eliminating flaring, which produces CO2 and methane, and can adversely impact local air quality, the industry can significantly reduce its climate impact. By making use of the gas as an additional energy source, it can also support sustainable growth.
About the guidance
The Flaring management guidance is composed of three sections:
- An introduction presents core concepts, definitions and the wider context
- A section for oil and gas operators, outlines a framework for flaring management solutions
- A section for governments and regulatory bodies shows ways to encourage and incentivize productive use of associated gas instead of flaring
It also includes case studies of successful flare reduction projects.
Supporting flaring reduction
A framework for oil and gas companies
The guidance outlines a framework for action on reducing or eliminating routine flaring. It describes various scenarios where flaring occurs, both upstream and midstream, listing approaches that can help in reducing volumes flared, including technology deployment, operational improvements and industry good practices.
A framework for governments and regulators
The guidance supports governments and regulators to address flaring for both ‘greenfield’ hydrocarbon projects and legacy operations, advising on: institutional set-up, regulations and guidelines, data management system, and flare gas-to-market project origination.
It offers ideas on initiatives or practices that may catalyse the development of gas monetization projects.
Transforming the energy system
Meeting the rising energy demand needed to support fair growth and improved living conditions for all, while reducing greenhouse gas emissions, requires unprecedented collaboration across all sectors and countries.
We encourage oil and gas companies, governments and development institutions around the world to endorse World Bank’s Zero Routine Flaring by 2030 initiative and work together to overcome the barriers to reducing flaring and using the gas as an energy source. Through this cross-sector initiative partners can help to accelerate the delivery of the Paris Agreement and UN SDGs.
Missed the launch of the Flaring management guidance? Access the webinar recording on-demand for an introduction to the guidance and its key elements, case studies from Wintershall Dea and Qatargas, plus global flaring regulations, lessons learned and country case studies presented by Martin Oswald of the GGFR.
- 02 February 2022