State gas giant Gazprom is burning off, or "flaring," about 4.34 million cubic meters of gas a day at a new liquified natural gas (LNG) facility, according to analysis of heat levels and satellite data by Rystad Energy.
That's equivalent to 1.6 billion cubic meters on an annual basis, or about 0.5% of the bloc's gas demand, and worth about $10 million a day based on last week's European spot gas price. The Rystad analysis was first reported by the BBC on Friday.
https://www.cnn.com/2022/08/26/energy/russia-burning-natural-gas/index.html
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