2015 BP Statistical Review of World Energy: Natural Gas

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%.

Read the article online at: https://www.worldpipelines.com/regulations-and-standards/11062015/natural-gas-bp-stat-review/