The United States is central to the natural gas industry worldwide. The country has been the world’s largest producer of natural gas since taking over the title from Russia about a decade ago. In 2020, the U.S. produced roughly 33.5 trillion cubic feet of natural gas, averaging out to 91.5 billion cub feet produced per...
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Renewable Energy Overtook Fossil Fuels As Biggest Source of Electricity in the UK in 2020
The consumption of natural gas in the UK has fluctuated from 2003-2020, with figures decreasing by 27 billion cubic meters. The UK consumes around 2,795,569 million cubic feet (mcf) of natural gas per year as of the year 2017, ranking 11th in the world for natural gas consumption and accounting for 2.1% of the world’s...
Increasing Usage of Natural Gas in Turkey and Its Effect on Local Economy
Turkey ranked as the seventh biggest gas-consuming country in the world with 47.7 billion cubic meters (bcm) of consumption in 2020 which was 6.5% more than 2019, according to data of the Natural Gas Distribution Companies Association of Turkey. 2021 natural gas consumption was around 2020 levels. However, Turkey’s gas consumption estimates for 2022 shows an 18.8% rise. Turkey is heavily...
Natural Gas Consumption in South Africa Has Been Declining since 2018
Natural gas currently accounts for approximately 2.6% of South Africa’s primary energy needs [1]. In 2020, South Africa used around 4.05 billion cubic meters of natural gas. Over the last decade, the consumption of natural gas in the country has fluctuated between a minimum of 3.65 billion cubic meters (in 2016) to a maximum of...
Saudi Arabia Plans to Use Capture, Process, and Storage Technologies to Reduce Methane Flareups in Natural Gas Production
Saudi Arabia has large natural gas reserves, totaling over 333 trillion cubic feet (tcf), putting it in sixth place only behind Russia, Iran, Qatar, the United States, and Turkmenistan. Saudi Arabia does not import or export natural gas for its energy needs, and therefore consumes all of the natural gas it produces. Saudi Arabia’s production...
Gas Production in Russia Increased by 10% in 2021
Although natural gas is a relatively clean burning fossil fuel, there is a correlation between natural gas consumption and greenhouse effect. In Russia, the domestic market is the main driver of the Russian gas industry. The domestic market accounts for about two thirds of natural gas consumption annually. From 2011 to 2016, there was a...
Natural Gas Use Continues to Rise in Mexico
According to data from the Mexican Ministry of Energy, the demand for natural gas in the Country has gradually increased over the last few years. In 2006, this demand was 5672.9 Mmscf/d (Million standard cubic feet/day), and in 2016 it was 7618.7 Mmscf/d. The latest data, from 2021, point to a demand of 8,265 Mscf/d,...
Japan is the 2nd Largest Importer of Natural Gas
Japan has minimal natural gas production capabilities and imports approximately 95% of its natural gas. With the massive size of its economy and population of 125 million, Japan has been the largest importer of natural gas in the world until 2021 when China surpassed it after it increased its imports by 18% year on year....
India Imports 82% of Its Oil Needs and Aims to Reach 67% By 2022
The oil and gas industry in India dates back to 1889 when the first oil deposits in the country were discovered near the town of Digboi in the state of Assam. The natural gas industry in India began in the 1960s with the discovery of gas fields in Assam and Maharashtra (Bombay high). As of 31 March 2018, India had estimated crude oil reserves of 594.49 million tonnes (MT) and natural gas reserves of...
Germany is the Largest Importer of Natural Gas in Europe
Germany’s natural gas consumption increased gradually since the 1980s from 58 billion m³ to 95 billion m³ in 2021. The continuing increase in consumption is related to the major substitution of natural oil with natural gas. It is functioning as a bridging vehicle in the government’s climate strategy to move away from coal and nuclear...