GGFR Delivers Results

• Ten major oil companies, the OPEC Secretariat and 14 countries that contribute a significant share of the world’s total flaring (about 70 percent) have already joined GGFR.

• The majority of partners have endorsed a Global Standard for gas flaring reduction

• GGFR is implementing demonstration projects for associated gas utilization in eight countries.

• GGFR is assisting Algeria, Cameroon, Equatorial Guinea, Kazakhstan, Nigeria, and Qatar to meet identified dates for zero flaring, through increased collaboration between operators, the national oil company and the regulator.

• Potential avoided flared gas, through GGFR facilitated carbon projects, is approximately 12 billion cubic meters per year (or 423 billion cubic feet), equivalent to 115 million tons of CO2 emissions reduction by 2012.

• GGFR has developed a unique web-based tool to report flared and vented data by country. The data tool will be implemented in GGFR partner countries, starting with Cameroon, Nigeria, Algeria and Qatar.