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  4. 2015 BP Statistical Review of World Energy: Natural Gas

2015 BP Statistical Review of World Energy: Natural Gas

 

Hydrocarbon Engineering,

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%.

Edited from press release by Claira Lloyd
 

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