Growing commitment from countries worldwide to ambitious "zero flaring" initiatives. This presents a critical challenge for oil & gas producers: how to eliminate vast volumes of currently flared gas.
Over 17+ billion cubic meters of gas flared annually in Libya and Iraq alone. This directly results in significant CO₂ emissions and local air pollution, driving urgent regulatory pressure for solutions. Represents a destruction of US$2-3 billion in potential economic value every year.
Paradoxically, many flaring countries face severe electricity shortages. Valuable energy resources are burned inefficiently, while millions of homes lack regular sufficient power.
The Flare 2 Power Initiative is one of Inter Energies' core programs targeting 1,500 MW of power from wasted Associated Petroleum Gas (APG) flare streams, using modular proven technologies. The initiative converts waste flare 2 power, either for grid consumption and/or crypto/data center operations.
Inter Energies' flagship program targets the recovery and utilisation of associated flared gas, the initiative leverages advanced modular technologies to convert these emissions into commercially valuable outputs such as helium, hydrogen, carbon black, graphene, and purified CO₂.
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