2015 BP Statistical Review of World Energy: Natural Gas
Oilfield Technology ,
Thursday, 11 Jun 15
Consumption and production World natural gas consumption increased by only 0.4% last year, well below the 10 year average of 2.4%. Growth was below average in both the OECD and emerging economies. Consumption in the EU experienced its largest volumetric decline in the world in Germany, Italy, Ukraine, France and the UK. Globally, natural gas accounted for 23.7% of primary energy consumption. Global natural gas production increased by 1.6%, below its 10 year average of 2.5%. Growth was below average in all regions except North America. The US recorded the world’s largest increase, accounting for 77% of net global growth. The largest volumetric declines were seen in Russia and the Netherlands. Trade Global natural gas trade registered a rare contraction in 2014, falling by 3.4%. Pipeline shipments declined by 6.2%, the largest decline on record, driven by falls in net pipeline exports from Russia and the Netherlands. Global LNG trade increased by 2.4%. International natural gas trade accounted for 29.4% of global consumption. LNG’s share of global trade rose to 33.4%.
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