Global gas flaring could be $48 billion opportunity, says new report

Satellite monitoring company Capterio says 267 billion cubic metres of hydrocarbon gases went uncaptured and unused last year

A boy walks near a flare stack in the Rumaylah oilfield near Iraq's southern port city of Basra.
A boy walks near a flare stack in the Rumaylah oilfield near Iraq's southern port city of Basra.Photo: AFP/SCANPIX
Published 17 July 2024, 08:34Updated 6 August 2024, 09:35
World BankCapterioRussiaIranLibya