Global Gas Flaring Market Analysis, 2020 – Over 12.5 Billion Cubic Feet of Associated Gas per Day Flared Globally Represent US$24 Billion in Forgone Revenue Annually

Pages: 49 Published: March 30, 2020 Report Code: GDGE0339MAR

Globally billions of cubic feet of associated gas continue to be flared from crude oil production sites, which represents billions of dollars in foregone revenue and causes significant environmental pollution. Also, flaring sites are often detrimental to plant, animal and human life in their surroundings and impacts health and safety. Monetization of flared gas helps to realize some of the foregone revenue and mitigates environmental pollution.

Scope

Global crude oil production and associated gas flaring volumes of key countries for 2010 to 2019

Global associated gas flaring values by key countries for 2010 to 2019

Brief analysis of key small-scale associated gas monetization technologies

Brief analysis of associated gas flaring scenario in some of the key countries

Reasons to Buy

Keep abreast of the latest global associated gas flaring scenario

Obtain the latest information on global associated gas flaring values and volumes for key countries

Facilitate decision making on the basis of strong flaring values and volumes data

Assess key small-scale monetization technologies for associated gas flaring

Table of Contents

1. Table of Contents 2

1.1. List of Tables 4

1.2. List of Figures 5

2. Executive Summary 6

3. Global Gas Flaring – Overview 7

3.1. Global Crude Oil Production and Associated Gas Flaring Volumes by Key Countries 8

3.2. Global Associated Gas Flaring Values and Volumes by Key Countries 10

4. Monetization Technologies for Associated Flared Gas 13

4.1. Mini-GTL (Gas to Liquids) 14

4.2. Power Generation 15

4.3. Mini-LNG/Small-Scale LNG 16

4.4. Compressed Natural Gas (CNG) 17

4.5. Major Challenges for Monetization of Associated Flared Gas 18

4.5.1. Lack of Gas Transportation Infrastructure and High Investment Deters Monetization of Flared Gas 18

4.5.2. Lack of Implementation of Government Policies Challenge Flare Gas Monetization 19

5. Global Associated Gas Flaring – Nigeria 20

5.1. Associated Gas Flaring and Crude Oil Production in Nigeria 21

5.2. Associated Gas Flaring Values and Volumes in Nigeria 23

6. Global Associated Gas Flaring – Russia 26

6.1. Associated Gas Flaring and Crude Oil Production in Russia 27

6.2. Associated Gas Flaring Values and Volumes in Russia 28

7. Global Associated Gas Flaring – US 30

7.1. Associated Gas Flaring and Crude Oil Production in the US 30

7.2. Associated Gas Flaring Values and Volumes in US 31

8. Global Associated Gas Flaring – Iran 34

8.1. Associated Gas Flaring and Crude Oil Production in Iran 34

8.2. Associated Gas Flaring Values and Volumes in Iran 36

9. Global Associated Gas Flaring – Iraq 38

9.1. Associated Gas Flaring and Crude Oil Production in Iraq 39

9.2. Associated Gas Flaring Values and Volumes in Iraq 40

10. Global Associated Gas Flaring – Venezuela 42

10.1. Associated Gas Flaring and Crude Oil Production in Venezuela 43

10.2. Associated Gas Flaring Values and Volumes in Venezuela 45

11. Appendix 47

11.1. Abbreviations 47

11.2. Market Definition 47

11.3. Methodology 48

11.3.1. Coverage 48

11.3.2. Secondary Research 48

11.4. Contact Us 48

11.5. Disclaimer 49

List of Tables

Table 1: Global Crude Oil Production (mbd) and Associated Gas Flaring Volumes (bcfd) by Key Countries, 2010–2019 9

Table 2: Global Associated Gas Flaring Values and Volumes for 10 Key Countries (US$ mil), 2010–2019* 11

Table 3: Technology, Unit Size, and Offshore Deployment Readiness of Gas Processing Plants Key Technology Providers 13

Table 4: Technology, Unit Size, and Offshore Deployment Readiness of GTL Plants of Key Companies 14

Table 5: Technology, Unit Size, and Offshore Deployment Readiness of Power Generation Systems of Key Companies 15

Table 6: Technology, Unit Size, and Offshore Deployment Readiness of Small-Scale/Mini-LNG Plants of Key Companies 16

Table 7: Marine CNG Transportation Concepts of Key Companies 17

Table 8: Investment Scenario for Pipelines CNG, and LNG 19

Table 9: Harmful effects of Gas Flaring in Nigeria 21

Table 10: Crude Oil Production (mbd) and Associated Gas Flaring Volumes (bcfd) in Nigeria, 2010–2019 22

Table 11: Associated Gas Flaring Values (US$ million) and Volumes (bcf) in Nigeria, 2010–2019 24

Table 12: Challenges for Reducing Associated Gas Flaring in Russia 26

Table 13: Crude Oil Production (mbd) and Associated Gas Flaring Volumes (bcfd) in Russia, 2010–2019 27

Table 14: Associated Gas Flaring Values (US$ million) and Volumes (bcf) in Russia, 2010–2019 29

Table 15: Crude Oil Production (mbd) and Associated Gas Flaring Volumes (bcfd) in US, 2010–2019 31

Table 16: Associated Gas Flaring Values (US$ million) and Volumes (bcf) in US, 2010–2019 32

Table 17: Crude Oil Production (mbd) and Associated Gas Flaring Volumes (bcfd) in Iran, 2010–2019 35

Table 18: Associated Gas Flaring Values (US$ million) and Volumes (bcf) in Iran, 2010–2019 36

Table 19: Crude Oil Production (mbd) and Associated Gas Flaring Volumes (bcfd) in Iraq, 2010–2019 39

Table 20: Associated Gas Flaring Values (US$ million) and Volumes (bcf) in Iraq, 2010–2019 41

Table 21: Crude Oil Production (mbd) and Associated Gas Flaring Volumes (bcfd) in Venezuela, 2010–2019 44

Table 22: Associated Gas Flaring Values (US$ million) and Volumes (bcf) in Venezuela, 2010–2019 45

List of Figures

Figure 1: Typical Flaring and Recovery Process in Oil and Gas Industry 7

Figure 2: Global Crude Oil Production and Associated Gas Flaring Volumes by Key Countries, 2010–2019 9

Figure 3: Global Associated Gas Flaring Values and Volumes for 10 Key Countries, 2010–2019 11

Figure 4: A Brief History of Flaring Regulations in Nigeria 20

Figure 5: Crude Oil Production and Associated Gas Flaring Volume in Nigeria, 2010–2019 22

Figure 6: Associated Gas Flaring Values and Volumes in Nigeria, 2010–2019 24

Figure 7: Crude Oil Production and Associated Gas Flaring Volume in Russia, 2010–2019 27

Figure 8: Associated Gas Flaring Values and Volumes in Russia, 2010–2019 28

Figure 9: Crude Oil Production and Associated Gas Flaring in the US, 2010–2019 30

Figure 10: Associated Gas Flaring Values and Volumes in the US, 2010–2019 32

Figure 11: Iran Government’s Plans to Curb Flaring 34

Figure 12: Crude Oil Production and Associated Gas Flaring in the Iran, 2010–2019 35

Figure 13: Crude Oil Production and Associated Gas Flaring in Iran, 2010–2019 36

Figure 14: Steps taken by Iran to Monetize Flared Gas 37

Figure 15: Flaring Regulations in Iraq 38

Figure 16: Crude Oil Production and Associated Gas Flaring in Iraq, 2010–2019 39

Figure 17: Crude Oil Production and Associated Gas Flaring in Iraq, 2010–2019 40

Figure 18: Venezuela Flaring Regulation and Penalties 43

Figure 19: Crude Oil Production and Associated Gas Flaring in the Venezuela, 2010–2019 44

Figure 20: Crude Oil Production and Associated Gas Flaring in the Venezuela, 2010–2019 45

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