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Nigeria’s effort to reduce gas flaring is on track as the volume of gas flared dropped by 30.07% between 2012 and 2021, from 9.62 billion cubic metres (bcm) of gas flared in 2012 to 6.63 bcm in 2021.
Approximately 6.63 billion cubic metres (bcm) of gas was flared across the various oil fields in Nigeria in 2021.
This activity causes a loss of energy resources annually. The volume of flared gas was estimated at $12.94 billion in 2020. The loss to these seven countries was $8.39 billion, making up 64.8% of the total loss.
More than 2 million people in the oil-rich Niger Delta face health risks, including cancer and lung damage, resulting from gas flaring;
