The project is expected to increase Basrah Gas Company’s processing capacity, avoiding more unnecessary flaring and associated greenhouse gas emissions by around 10 million tons per year

The move is set to make California the ‘first’ US state to set a date to phase out all oil extraction

Energean generates most of its revenues from the sale of crude oil and has suffered severe losses due to the collapse of oil prices in the wake of the pandemic

The World Bank says it is the start of reversing years of increases in gas flaring that started in 2010