| LinkedIn Top Voice | 100.000+ | Energy - Economy - Sustainability - Climate | Works at IEA, the global leading energy authority | (Views here are personal)
Madness ‼️ 148 BILLIONS cubic meters of gas... 🔥 Or, in other terms, the same amount the Europe 🇪🇺 used to import from Russia 🇷🇺 before the invasion.... This is the amount of gas flared in 2023 according to the new Global Gas Flaring Tracker Report from World Bank released today. (report at https://lnkd.in/eCqTfzTq) To make such madness even more striking a clear comparison from the report "If utilized, it could have generated enough electricity to double the amount currently provided in Sub-Saharan #Africa"... Mamma mia... . #oilgas #energy #future #sustainability #data #technology
The three by far largest are Russia, Iran, and Iraq. What is the Plan of the IEA to deal with these 3 countries?? Changes anywhere else will have little to no impact if these countries are not addressed. What is confusing is this post from the EIA is in English and there is not a release in Russian(in your report far and away the largest flaring), Iranian or Iraqi. Hard to understand what you are all about. This report itself is not even available in those languages, so how do you expect anything to change? This reeks of political propaganda rather than any reasonable desire to make an improvement.
At Pioneer Energy we have been active in flare reduction since 2015. We have prepared countless bid packages and FEED studies, particularly for NOCs and local producers. NOT EVEN ONE of this projects got funded! There are many excuses, lack of gas midstream, lack of intermediate scale banking, opaque regulatory environment, lack of local technical expertise, etc. But the main issue, in my opinion, is lack of will power (and sometimes pure corruption). Words are easy. The heads of the NOCs and local producers go to the conferences and declare their commitment to eliminate flaring and everyone applauds. Then they go home and it’s business as usual. There are no consequences. I would like to also say that the attitude of the super majors is very different. It seems that when they are not part of a JV with the government, they are much more responsible than most NOCs and local producers. There are solutions. They are very lucrative, particularly for those oil producing countries who flare their gas but import millions in LPG. So there is plenty of carrot. What we need is some stick! Alessandro Blasi
Time for the planet to hire a doctor and a lawyer, and fire the accountants.
More natural gas pipelines and stronger end-use markets to make uneconomic methane economic? Let's go!
good thing the US, EU, Poland and / or Ukraine decided to detonate Russia's nat gas underwater pipeline which put more nat gas into the atmosphere than any other documented event ( but let's not mention that part bc they are on our side.... )
Looks like we need more natural gas fired power plants
Madness indeed. Time to hold the polluters accountable. They must pay for their contribution to the negative effects of climate change. The true climate change cost of burning fossil fuels should be reflected in prices and people should be very selective in terms of what they purchase. Otherwise we are subsiding it - to negatively impact us all. And it includes also sibsidising of health insurance and "normal" insurance premiums. Madness to think we should take up the tab for the polluters. It must stop. Let's focus on clean energy energy value chains that also provide for the biggest upside potential. https://www.youtube.com/watch?v=Wp-WiNXH6hI
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3wThat is crazy. Such a waste! Is it gonna change, Alessandro Blasi ?