Iran Burning Natural Gas From Oil Wells For Lack Of Investments

Dalga Khatinoglu
Dalga Khatinoglu

Oil, gas and Iran economic analyst

Gas flaing in Iran's oil industry wastes billions of dollars annually.
Gas flaing in Iran's oil industry wastes billions of dollars annually.

Iran’s gas flaring levels increased by 32% year-on-year to 17.4 billion cubic meters (bcm) in 2021, according to a new report, released by Word Bank.