Bloomberg News

Congo Republic Signs Up to Global Partnership on Gas Flaring

June 26, 2012

Congo Republic, sub-Saharan Africa’s fourth-biggest oil producer, agreed to become a member of the Global Gas Flaring Reduction Partnership that seeks to curb burning of the fuel, the government said.

An agreement was signed with the World Bank-backed project today in the capital, Brazzaville, Petroleum Minister Andre Raphael Loemba said.

Congo flares about 1.8 billion cubic meters of gas annually, according to a satellite survey conducted by the World Bank and the National Oceanic and Atmospheric Administration in 2010. Global flaring adds 400 million metric tons of carbon dioxide into the atmosphere each year, according to the World Bank’s website.

Congo produced 295,000 barrels a day of oil last year, according to the BP Statistical Review of World Energy.

To contact the reporter on this story: Robert Mbakouo in Brazzaville via Nairobi at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Paul Richardson in Nairobi at pmrichardson@bloomberg.net.


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