Follow us:
Subscribe to our newsletter

logo

  • News
  • Projects
  • Business and Finance
  • Innovation
  • Products and Services
  • Events
  • Online Magazine
  • Advertise
  • Contact
Home
  • News
  • Projects
  • Business and Finance
  • Innovation
  • Products and Services
  • Events
  • Online Magazine
  • Advertise
  • Contact
Quotes by TradingView

WA Government signs initiative to cut flaring in petroleum industry

11 Feb, 2019
291
Image credit: BP.


Western Australia has become the first Australian jurisdiction to join the World Bank’s Zero Routine Flaring by 2030 initiative, aiming to efficiently manage natural gas resources and reduce greenhouse gas emissions.

During oil production, gas can sometimes be produced from the reservoir together with the oil – the majority of this gas is utilised or conserved because governments and oil companies have made substantial investments to capture it.

Some of this gas is flared because of technical, regulatory, or economic constraints, and as a result, thousands of gas flares at oil production sites around the globe burn approximately 140 billion cubic metres of natural gas annually, causing more than 300 million tonnes of CO2 to be emitted to the atmosphere.

The World Bank’s Zero Routine Flaring by 2030 initiative aligns governments, oil companies and development institutes from across the world who recognise the flaring situation as described above is unsustainable from both a resource management and environmental perspective, and who agree to cooperate to eliminate routine flaring no later than 2030.

The initiative is focused on wellhead flaring during production, not exploration testing and emergency situations, or at oil refineries such as Kwinana.

The WA Government has stated that this commitment will be achieved by strengthening regulation as part of the implementation of the recommendations from the independent scientific inquiry into hydraulic fracture stimulation including amendments to regulations under the Petroleum and Geothermal Energy Resources Act and the Petroleum (Submerged Lands) Act.

The Department of Mines, Industry Regulation and Safety consulted the industry, the Australian Petroleum Production and Exploration Association, and other relevant government agencies, before recommending WA to join the initiative.

Mines and Petroleum Minister Bill Johnston said that this is another first for Western Australia as a world-leading mining jurisdiction.

“At the heart of all the research and consultation that led to this recommendation is a simple premise: if you’ve got gas, either sell it or inject it back into the ground, but don’t burn it,” commented Minister Johnston.

More information on the Zero Routine Flaring by 2030 initiative can be found here.

Related Articles

Woodside and BHP

To be ship shape Australia’s new fleet must be geared for gas

Surat Gas Project

Arrow Energy fined for breaches to land access framework

8th Annual IoT in Oil & Gas Conference

Longford Gas

Processing facility to recycle CO2 from the Longford Gas Conditioning Plant

Comments

Leave a comment Cancel reply

You must be logged in to post a comment.

all news all projects

Latest Posts

  • Latest News
  • Latest Projects
27 Jun

Bullish gasoline market wreaks havoc on European petrochemicals: ICIS

16 Jun

Microfossils provide clues about Australia’s petroleum potential

15 Jun

AEMO makes unprecedented decision to suspend energy market

15 Jun

Wage rises to be felt, but lack of skilled workers a bigger issue

15 Jun

Sanctions weaken oil and gas construction pipeline in Eastern Europe

17 Jun

Esso Australia starts technical tender for Bass Strait decommissioning

17 Jun

Study to check feasibility of turning Torrens Island into a hydrogen hub

17 Jun

AXP energy boosts production with low-cost well re-completion in the US

15 Jun

bp to lead and operate WA renewables and green hydrogen energy hub

15 Jun

Partners to develop offshore renewable green hydrogen production

Online Magazine

    Current Cover
  • Login
  • Subscribe

Subscribe

Subscribe to our newsletter or print magazine

Our Titles

  • Home
  • Contact Us
  • Terms and Conditions
  • Privacy
© Sage Media Group 2022 All Rights Reserved.
×
Authorization
  • Registration
 This feature has been disabled
 This feature has been disabled until further notice, however you may still register
×
Registration
  • Autorization
Register
* All fields required