Global gas production increased 4% between 2016 and 2017, after remaining largely stable between 2015 and 2016. Growth was driven by the United States and Russia, the world’s leading gas producers.
Shale gas production picked up again in the United States, rising 1% after a decline in the prior year. In 2017, the United States swung from being a net importer to a net exporter.
Production surged 8.2% in Russia in 2017, driven by rising demand across the world, particularly in Europe and China. Russia has commissioned several gas pipelines, which should enable the country to expand its export capacities in the coming years.
Production increased in Iran – the third largest contributor to global output – to meet national needs and for the purpose of exporting to neighboring countries, particularly Turkey. Qatar’s production declined, but should bounce back with the development of North Field. Several major gas fields were brought on stream in Egypt, which should enable the country to boost production after seven years of decline.
Global Gas Production (in Mtoe*)
|Country||2016||2017||Change 2017 over 2016||Share of Global Production|
|Rest of the World||719.3||749.1||4.2%||23.7%|
*Mtoe: Million metric tons of oil equivalent
Source: BP Statistical Review 2018