Global gas consumption jumped 3% between 2016 and 2017, a twofold increase year on year.
Growth was largely driven by China (up 15%), where natural gas is being used to stem the use of coal in power generation and individual heating. According to the International Energy Agency (IEA), China will become the world’s largest gas importer in 2019. China is also a major consumer of liquefied natural gas (LNG), absorbing 40% of global supply.
Several European countries, such as Germany and Italy, are also lifting global demand.
Global Gas Consumption (in Mtoe*)
|Country||2016||2017||Change 2017 over 2016||Share of Global Consumption|
|United Arab Emirates||62.3||62.1||-0.2%||2.0%|
|Rest of the World||935.9||964.5||3.1%||30.6%|
*Mtoe: Million metric tons of oil equivalent
Source: BP Statistical Review 2018