Russia burns associated oil gas worth Euro 50 billion annually
Edited by Rhod Mackenzie / 2013-06-03 11:32:27
Global torch burning of associated oil gas shares 30% in current consumption in the EU and 75% in Russian gas exports. It promotes the emission of over 400 million tons of carbon dioxide annually. If the whole associated oil gas was utilized instead of burning, its market price would be Euro 50 billion annually. The reduction in associated oil gas burning is the main challenge now in oil and gas production.
