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Title page 1

Contents 3

Foreword 6

Acknowledgments 8

Abbreviations 9

Key Findings 11

Global Gas Flaring in 2024 18

Spotlight Countries 23

Nigeria 23

United States 24

Mexico 30

Algeria 31

Imported Flare Gas Index 33

Long-term global retrospective from 2012 to 2024 36

Increase of global gas flaring 36

Countries endorsing the Zero Routine Flaring by 2030 Initiative 40

Persistent challenges and demonstrated solutions 43

Concluding Remarks 51

Appendix A: Methodology for satellite-based flare volume estimation 55

Figures 4

Figure 1. Global gas flaring and oil production: 1996 to 2024 (flaring only at upstream oil and gas and LNG liquefaction plants) 11

Figure 2. Global gas flaring and flaring intensity at upstream oil and gas facilities, 2012-2024 12

Figure 3. Changes in gas flare volumes and flare intensity for countries that have committed to the Zero Routine Flaring by 2030 (ZRF) initiative and other countries, 2012-2024 13

Figure 4. Flare volumes in the top 30 flaring countries for 2020-2024, in order of 2024 flare volume with the top nine countries indicated 14

Figure 5. Countries and regions covered in the 'Persistent challenges and demonstrated solutions' section of this report 17

Figure 6. Global gas flare volume and flaring intensity at upstream oil and gas facilities, 1996-2024 19

Figure 7. Flare volumes in the top 30 flaring countries (in order of 2024 flare volume) 20

Figure 8. Flaring intensity of the top 30 flaring countries, 2020-2024 (in order of 2024 flare volume) 20

Figure 9. Change in flare volume across countries where it was significant, and rest of world, 2023-2024 22

Figure 10. Flare volume and flaring intensity in Nigeria, 2020-2024 23

Figure 11. Flare volume and flaring intensity in the United States, 2020-2024 24

Figure 12. Flare volumes in the Permian, Eagle Ford, and Bakken basins, and the rest of the United States 25

Figure 13. Flaring intensity in the Permian, Eagle Ford, and Bakken basins, and the rest of the United State 25

Figure 14. Monthly flare volumes and flaring intensities in the Bakken basin 26

Figure 15. Monthly flare volumes and flaring intensities in the Permian basin 27

Figure 16. Flare volume and flaring intensity in Mexico, 2020-2024 30

Figure 17. Flare volume and flaring intensity in Algeria, 2020-2024 31

Figure 18. Imported Flare Gas Index of UNFCCC Annex 1 countries with a breakdown of countries of origin 33

Figure 19. IFG Index versus volume of crude oil imports in countries importing more than 200 thousand bbl/d 34

Figure 20. Global gas flare volume and flaring intensity at upstream oil and gas facilities, 2012-2024 37

Figure 21. Changes in gas flare volume at upstream oil and gas facilities, 2012-2024 38

Figure 22. Changes in gas flaring intensity at upstream oil and gas facilities, 2012-2024, ordered by change in flare volume 38

Figure 23. Changes in gas flare volumes and flare intensity, 2012-2024 (for countries flaring over 0.5 bcm in 2024) 41

Boxes 5

Box 1. Flare gas volume estimates explained 18

Box 2. Flaring intensity explained 19

Box 3. Main differences in flaring trends in shale oil and conventional oil developments 28

Box 4. EU Methane Regulation and implications for oil and gas operators in developing countries 35

Box 5. Financing gap to address flaring reduction 46

Box 6. The structure of the loan arrangement to support Basrah Gas Company (BGC) flaring reduction 47

Box 7. Closing critical knowledge gap to design and implement flaring reduction 50

Box 8. GFMR Partnership's strategy to accelerate gas flaring reduction 54

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