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...
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okr-10986-112532021-04-23T14:02:54Z Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization Gerner, Franz Svensson, Bent Djumena, Sascha BORROWING CAPITAL MARKETS CARBON CARBON EMISSIONS CLEAN DEVELOPMENT MECHANISM COAL CONSTRUCTION CRUDE OIL DEVELOPING COUNTRIES ECONOMICS EMISSIONS ENERGY PRICES ENVIRONMENTAL IMPACTS FINANCIAL RETURNS FUELS GAS GAS FLARING GAS MARKET HYDROCARBONS INNOVATIONS LIQUEFIED NATURAL GAS MARGINAL BENEFITS MARGINAL COSTS NATURAL GAS NATURAL GAS MARKETS NATURAL GAS PRICES NOISE NOISE GENERATION OIL FIELDS OIL INDUSTRY OIL PRODUCTION OPEC OPPORTUNITY COSTS ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES PERMITS PETROLEUM PIPELINES POWER CONSUMPTION PUBLIC GOOD REGULATORY FRAMEWORK SAFETY SMOKE SOUTH AMERICA TAX REVENUE 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. 2012-08-13T14:34:29Z 2012-08-13T14:34:29Z 2004-10 http://documents.worldbank.org/curated/en/2004/10/5529042/gas-flaring-venting Viewpoint. -- Note no. 279 (October 2004) http://hdl.handle.net/10986/11253 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
BORROWING CAPITAL MARKETS CARBON CARBON EMISSIONS CLEAN DEVELOPMENT MECHANISM COAL CONSTRUCTION CRUDE OIL DEVELOPING COUNTRIES ECONOMICS EMISSIONS ENERGY PRICES ENVIRONMENTAL IMPACTS FINANCIAL RETURNS FUELS GAS GAS FLARING GAS MARKET HYDROCARBONS INNOVATIONS LIQUEFIED NATURAL GAS MARGINAL BENEFITS MARGINAL COSTS NATURAL GAS NATURAL GAS MARKETS NATURAL GAS PRICES NOISE NOISE GENERATION OIL FIELDS OIL INDUSTRY OIL PRODUCTION OPEC OPPORTUNITY COSTS ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES PERMITS PETROLEUM PIPELINES POWER CONSUMPTION PUBLIC GOOD REGULATORY FRAMEWORK SAFETY SMOKE SOUTH AMERICA TAX REVENUE |
spellingShingle |
BORROWING CAPITAL MARKETS CARBON CARBON EMISSIONS CLEAN DEVELOPMENT MECHANISM COAL CONSTRUCTION CRUDE OIL DEVELOPING COUNTRIES ECONOMICS EMISSIONS ENERGY PRICES ENVIRONMENTAL IMPACTS FINANCIAL RETURNS FUELS GAS GAS FLARING GAS MARKET HYDROCARBONS INNOVATIONS LIQUEFIED NATURAL GAS MARGINAL BENEFITS MARGINAL COSTS NATURAL GAS NATURAL GAS MARKETS NATURAL GAS PRICES NOISE NOISE GENERATION OIL FIELDS OIL INDUSTRY OIL PRODUCTION OPEC OPPORTUNITY COSTS ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES PERMITS PETROLEUM PIPELINES POWER CONSUMPTION PUBLIC GOOD REGULATORY FRAMEWORK SAFETY SMOKE SOUTH AMERICA TAX REVENUE Gerner, Franz Svensson, Bent Djumena, Sascha Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization |
relation |
Viewpoint |
description |
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. |
format |
Publications & Research :: Viewpoint |
author |
Gerner, Franz Svensson, Bent Djumena, Sascha |
author_facet |
Gerner, Franz Svensson, Bent Djumena, Sascha |
author_sort |
Gerner, Franz |
title |
Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization |
title_short |
Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization |
title_full |
Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization |
title_fullStr |
Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization |
title_full_unstemmed |
Gas Flaring and Venting : A Regulatory Framework and Incentives for Gas Utilization |
title_sort |
gas flaring and venting : a regulatory framework and incentives for gas utilization |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2004/10/5529042/gas-flaring-venting http://hdl.handle.net/10986/11253 |
_version_ |
1764416071953022976 |