In 2022, the EU significantly increased its liquefied natural gas (LNG) imports from the United States, Angola, Norway, Qatar, and Egypt, and via pipeline from Azerbaijan and Norway, a recent World Bank (WB) report says.
The Cabinet’s Information and Decision Support Centre (IDSC) on Wednesday reviewed the WB report, which tracked the latest global gas flaring.
The tracker report underscored a decline in global gas flaring by three per cent to 139 bcm in 2022 from 144 bcm in 2021.
The top nine flaring countries continue to be responsible for the vast majority of flaring, the reports stated. Russia, Iraq, Iran, Algeria, Venezuela, the United States, Mexico, Libya, and Nigeria account for nearly three-quarters of flare volumes and just under half of the global oil production, it said.
The report estimated that in 2022 gas flaring released 357 million tonnes of CO2e, 315 million tonnes in the form of carbon dioxide, and 42 million tons CO2e in the form of methane.
Decreased Russian gas exports to the European Union (EU) did not increase gas flaring in Russia, the report said, nonetheless.
According to the report, progress in reducing gas flaring worldwide resumed in 2022, with volumes flared falling by 5 billion cubic metres (bcm) to 139 bcm, the lowest level since 2010.
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