{"id":186099,"date":"2022-05-07T19:38:40","date_gmt":"2022-05-07T18:38:40","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=186099"},"modified":"2022-05-07T19:38:40","modified_gmt":"2022-05-07T18:38:40","slug":"nigeria-among-top-10-countries-responsible-for-75-of-gas-flaring-worldwide-world-bank-discloses","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/05\/07\/nigeria-among-top-10-countries-responsible-for-75-of-gas-flaring-worldwide-world-bank-discloses\/","title":{"rendered":"Nigeria among top 10 countries responsible for 75% of gas flaring worldwide, World Bank discloses"},"content":{"rendered":"<p>The World Bank has disclosed that Nigeria ranked seventh on the list of top 10 countries worldwide involved in gas flaring in 2021.<\/p>\n<p>This was made known by the bank in its\u00a0latest report titled \u20182022 Global Gas Flaring Tracker Report\u2019 released on its website.<\/p>\n<p>The nine other countries include Russia, Iraq, Iran, the United States, Venezuela, Algeria, Mexico, Libya, and China.<\/p>\n<p>Gas flaring is the burning of <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/02\/07\/nnpc-will-deepen-natural-gas-utilisation-to-reduce-energy-poverty-kyari\/\">natural gas<\/a> associated with oil extraction which results in a range of pollutants released into the atmosphere, including carbon dioxide, methane and black carbon.<\/p>\n<p>According to the World Bank, Nigeria and nine other countries accounted for 75 percent of gas flaring worldwide in 2021.<\/p>\n<p>\u201cIn 2021, the top 10 flaring countries (on an absolute volume basis) accounted for 75 percent of all gas flaring and 50 percent of global oil production,\u201d the report reads.<\/p>\n<p>\u201cSeven of the top 10 flaring countries have held this position consistently for the last 10 years: Russia, Iraq, Iran, the United States, Venezuela, Algeria, and Nigeria.<\/p>\n<p>\u201cThe remaining three; Mexico, Libya, and China, have shown significant flaring increases in recent years.\u201d<\/p>\n<p>According to the report, Nigeria and four others had committed to the World Bank\u2019s Zero Routine Flaring by 2030 and only the US has improved successfully on gas flaring intensity.<\/p>\n<p>\u201cConsidering again the top 10 flaring countries on a volume basis, Russia, Iraq, the United States, Nigeria, and Mexico have all committed to the World Bank\u2019s Zero Routine Flaring by 2030 (ZRF) Initiative, which commits governments and companies to (a) not routinely flare gas in any new oil field development, and (b) to end routine flaring in existing oil fields as soon as possible and no later than 2030.\u201d<\/p>\n<p>According to the report, despite strong early progress since satellite observations began in 1996, reductions in flaring have increased over the last 10 years.<\/p>\n<p>\u201cGlobal gas flaring volumes have remained largely static over the last 10 years, plateauing at around 144 bcm. During this same period, global oil production levels rose slightly before dropping in 2020 due to the impacts of the Covid pandemic, averaging around 80 million barrels of oil per day,\u201d the report reads.<\/p>\n<p>\u201cHowever, the global perspective obscures the significant flare reduction progress made by some countries \u2013 with the reduction achieved only to be offset by increases in flaring by others.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank has disclosed that Nigeria ranked seventh on the list of top 10 countries worldwide involved in gas flaring in 2021. This was made known by the bank in its\u00a0latest report titled \u20182022 Global Gas Flaring Tracker Report\u2019 released on its website. The nine other countries include Russia, Iraq, Iran, the United States, [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":186101,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[37],"tags":[37140,303,37141,4522],"class_list":["post-186099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-gas-flaring","tag-nigeria","tag-oil-extraction","tag-world-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria among top 10 countries responsible for 75% of gas flaring worldwide, World Bank discloses<\/title>\n<meta name=\"description\" content=\"The World Bank has disclosed that Nigeria ranked seventh on the list of top 10 countries worldwide involved in gas flaring in 2021.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2022\/05\/07\/nigeria-among-top-10-countries-responsible-for-75-of-gas-flaring-worldwide-world-bank-discloses\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria among top 10 countries responsible for 75% of gas flaring worldwide, World Bank discloses\" \/>\n<meta property=\"og:description\" content=\"The World Bank has disclosed that Nigeria ranked seventh on the list of top 10 countries worldwide involved in gas flaring in 2021. 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