- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Zero Routine Flaring
With about 140bn cubic meters of associated natural gas is burnt off at oilfields across the globe every year, an initiative called ‘Zero Routine Flaring’, was announced during April 2015 by United Nations Secretary-General Ban Ki-moon and World Bank Group President Jim Yong Kim at an event in Washington D.C.
With the exception of the U.S., a number of oil producing countries such as Kuwait, Norway, Russia, Cameroon, Kasakhstan, Gabon, Uzbekistan, Republic of Congo, France, Angola also joined. Oil majors such as France’s Total, Norway’s Statoil, Italy’s Eni, and Royal Dutch Shell, among others, also signed up to the initiative.
The 25 members have agreed to cooperate to eliminate ongoing routine flaring as soon as possible and no later than 2030, and also to publicly report on their flaring and progress on an annual basis.
Source: Arabian Oil and Gas
19/4/2015
