African gas flaring offers opportunities and challenges
Sub-Saharan Africa is chronically starved of energy, and yet the region flares disproportionate volumes of gas every year
African governments and international bodies are attempting to reduce or at least discourage routine gas flaring, both for environmental reasons and to tap that unused energy resource. But the region still faces hurdles before it can utilise associated gas effectively. Africa—including the significant hydrocarbon-producing nations of North Africa—accounts for around 20pc of global flaring volumes but less than 10pc of oil production, according to the World Bank’s Global Gas Flaring Reduction Partnership. Algeria, Libya and Nigeria—among the continent’s largest producers—accounted for 70pc of the total in 2021. But World Bank data shows that sub-Saharan Africa still flared 13.66bn m³ in 2021—
Also in this section
13 December 2024
The independent is now seeking to expand its operations
13 December 2024
Flexibility and sharing of risk in gas buying and selling is becoming more essential
13 December 2024
After a recent surge led to 2024 consolidation matching that of previous years, there is less optimism the feat will be repeated in 2025
12 December 2024
The oil and gas sector’s renewed upstream activity stands in marked contrast to just a few years ago, highlighting that the market does indeed cycle