The World Bank welcomed Wärtsilä to advance natural gas utilization
Wärstilä GGFR partneship has officially welcomed Wärtsilä to advance the utilization of natural gas emissions. The agreement was signed by Tomas Rönn (left) from Wärtsilä and Bent Svensson from GGFR Partnership.Wärtsilä is GGFR’s first partner, which does not represent the oil production sector. Wärtsilä’s technology offers ways of harnessing gases relased in oil drilling, which can then be utilized in electricity generation.
When drilling for crude oil, gas usually comes to the surface as well and is often vented or flared instead of being used as a source of energy. Obstacles for its utilisation are for instance the lack of adequate infrastructure, markets or legislations.
The World Bank-led GGFR aims at removing these obstacles, reducing their impact and cutting down on environmentally harmful gas emissions. GGFR estimates that approximately 150 billion cubic metres of gas is burnt of released into the atmosphere, producing approximately 400 million tons of greenhouse gas emissions, annually.
– We welcome Wärtsilä and look forward to working with them to increase access to much needed electricity in developing countries around the world, says Somit Varma, the World Bank Group’s Director for Oil, Gas, Mining and Chemicals.
– If associated gas can be used in power generation instead of being flared into the atmosphere, oil field emissions can be significantly reduced. At the same time, there are obvious economical benefits to be gained, says Vesa Riihimäki, Group Vice President, Wärtsilä Power Plants.
Through Wärtsilä’s dual-fuel technology, associated gas can be converted to electricity and used for driving a compressor or a pump, instead of being continuously flared into the atmosphere.
www.wartsila.com
Did you find the article interesting? Have your say!
No comments yet. Be the first to comment on this article!