Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes

It is not just an issue in the U.S. but “a global problem with a global impact,” said Lochmiller, with his company noting the MENA region were responsible for over 38% of the global flaring in 2020. Oman accounted for about 1.8% or 2,517 million cubic meters of that emission, while the United Arab Emirates accounted for approximately 0.7% or 955 million cubic meters.