Transcript Canal 1 Français Channel 2 English Канал 3 Русский Closing Session Flares as seen from the Satellites BCM per year 30 0 Russia + Caspian Sea MENA Africa LAC Rest of.

Canal 1 Français
Channel 2 English
Канал 3 Русский
Closing Session
Flares as seen from the Satellites
BCM per year
70
66
60
49
50
36
40
30
17
20
7
10
0
Russia +
Caspian Sea
MENA
Africa
LAC
Rest of the
World
Bent SVENSSON
GGFR Program Manager, World Bank Group
Round table facilitators
• Russia / Caspian Sea
• Middle East / North Africa
• Africa Gulf of Guinea
• Latin America
Anastasiya ROZHKOVA
Dominique LALLEMENT
Silvia PARIENTE-DAVID
Francisco SUCRE
Ideas for future Action !
• Russia / Caspian Sea
– Government currently analyzing the best regulatory
approach:
– Ressource Royalty but differential rate
– Pollutent Environmental regulation
– Improve monitoring and regulation enforcement is key
– More than infrastructure and capacity limitation, Sibur
consider Consensus approach is key(enhanced dialogue
incl Govt, upstream, dowsntream)
– Kazakhstan is starting satellite monitoring capacity
Ideas for future Action !
• Africa Gulf of Guinea
– The dominent player is Nigeria with a key role for others
countries Cameroon and Equatorial Guinea
– Regional market can absorb most of the flared gas in the
power sector and other industries
– Nigeria is leading the way with LNG and gas export (West
Africa gas pipeline) and the domestic Nigerian market for
power and other industries which can absorb all flared gas
– Equatorial Guinea is already a bridge for its own gas export
as well as from Cameroon
– GGFR is expected to continue to play a leading role in
mobilizing ressources for project execution as a safe
platform for discussing and resolving difficult issues
Ideas for future Action !
• Middle East / North Africa
– All countries are aware and have launched programs to
reduce continuous flaring (excepte Iraq.)
– The issue of DATA is shared by all countries GGFR to roll
out DATA tools
– Capacity building and assistance needed for CDM
– Oman and Qatar volunteered to host and/or kick off a gas
regional study/conference lead by World Bank GGFR
Ideas for future Action !
• Latin America
Brazil
– Brazil flaring reduction based on natural gas usage
– 91% gas utilzation rate despite of production growth
– In the future, PetroBras to invest to maintain rate at 91%
GGFR
– To identify flaring reduction project
– Combining vented gas with gas stream going to the flare
can dramaticaly increase the economics of the project
M2M
– To advance the use of methan vented through cost effective
projects devt
M2M and GGFR To develop projects
Impact of Flare-out Target Dates
70
bcm
60
GGFR
Partner Countries
62
50
40
30
Flares-out in:
- Nigeria
- Kazakhstan
- Equatorial Guinea
32
20
Flares-out in:
- Algeria
- Qatar
23
10
0
2004
2008
2010
All presentations and documents
will be on-line early January on :
www.worldbank.org/ggfr
Canal 1 Français
Channel 2 English
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