Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization
Every year oil producers flare and vent gas equivalent to the combined gas consumption of Central and South America. Africa flares and vents gas equivalent to half its power consumption. To reduce this practice, governments need to develop and enfo...
| Main Authors: | , , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/10/5529042/gas-flaring-venting http://hdl.handle.net/10986/11253 |
| Summary: | Every year oil producers flare and vent
gas equivalent to the combined gas consumption of Central
and South America. Africa flares and vents gas equivalent to
half its power consumption. To reduce this practice,
governments need to develop and enforce an appropriate legal
and regulatory framework. They need to reform the gas
market, getting rid of subsidies for competing fuels and
making room for private operators to develop gas
infrastructure. And they need to avoid tax and royalty
systems that discourage operators from using the gas
associated with oil production. |
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