Feature Report: Natural Gas Producers and Consumers

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Global Gas Production

Global gas production, led by the United States, Iran and Norway, remained on a steady growth trend, while production in Russia continued to decline, albeit at a slower rate. Russia is highly dependent on gas purchases from Europe, which slumped between 2013 and 2014, and did not fully recover during 2015, due to the extremely mild weather conditions. Norway is actively exploiting its gas reserves in the Arctic Ocean and for the first time in 2015 it exported more gas than Russia to Western Europe (excluding former Soviet Union countries). Meanwhile the Netherlands, Europe's No. 2 gas producer, was forced to slash production for the second year in a row for reasons that had nothing to do with the market: seismic movements in the major gas field around Groningen in the north of the country.    

Global Gas Production (in Mtoe)

Country 2014 2015 Change 2015 over 2014 Share of Global Production
United States 728.5 767.3 5.4% 22.0%
Russia 581.7 573.3 -1.5% 16.1%
Iran 182.0 192.5 5.7% 5.4%
Qatar 174.1 181.4 4.2% 5.1%
Canada 162.0 163.5 0.9% 4.6%
China 131.6 138.0 4.8% 3.9%
Norway 108.8 117.2 7.7% 3.3%
Saudi Arabia 102.4 106.4 4.0% 3.0%
Algeria 83.3 83.0 -0.4% 2.3%
Indonesia 75.3 75.0 -0.3% 2.1%
Turkmenistan 69.3 72.4 4.5% 2.0%
Malaysia 66.7 68.2 2.2% 1.9%
Uzbekistan 57.3 57.7 0.8% 1.6%
Mexico 57.1 53.2 -6.8% 1.5%
Netherlands 55.7 43.0 -22.8% 1.2%
Egypt 48.8 45.6 -6.6% 1.3%
Rest of the World 778.6 800.9 2.0% 23.0%
Total World 3,463.2 3,538.6 2.2% 100.0%

 

Source : BP Statistical Review 2016