Develop flaring reduction roadmaps and encourage co-operation between players
Countries should develop national gas flaring reduction roadmaps and encourage co-operation between players. New projects must be designed with a viable plan to either avoid flaring, put associated gas to productive use, or to safely reinject it. For existing fields, regulators should mandate operators to assess an optimal solution to either capture, compress or otherwise use gas that is currently flared.
Individual and small-scale operators may struggle to deploy flaring reduction options if they cannot benefit from economies of scale. In some regions, the legal title to the associated gas is not held by the operator, creating a barrier to investment to recover and sell the gas. This emphasises the importance of well-designed commercial contracts and regulations to encourage upstream and midstream operators to work together to eliminate non-routine flaring. With upstream companies achieving windfall profits in 2022, the ability to invest in flaring reduction projects and technologies is at an all-time high.