Natural gas production
Global gas production rebounded by 2% in 2024, after a 0.6% hike in 2023.
+7%
Rise in Russia's gas production in 2024.
Global gas production rebounded by 2% in 2024, after a 0.6% hike in 2023.
Most of the increase in global gas production in 2024 is related to three large producers: Russia (+7%, spurred by domestic gas consumption, including from the petrochemical sector, and export markets), China (+6% to meet rising domestic gas demand), and Norway (+8% to a record high, fuelled by gas exports to the EU).
In the USA, the largest gas producer with 24% in 2024, gas production remained stable after a 4% growth in 2023, as the higher production in the Permian region was offset by a lower output in the Haynesville region - due to historically low gas prices reducing rig activity – and a flat production in Appalachia owing to limited pipeline takeaway capacity.
Gas production also grew in the Middle East (Iran, Saudi Arabia, the UAE), Canada (higher domestic consumption and exports to the USA), Malaysia, Indonesia, Nigeria, Argentina and Azerbaijan. On the contrary, it fell in Egypt and Algeria, and contracted in Australia and Qatar.
Breakdown by country (bcm)
World
Trend over 1990 - 2024 - bcm
% in total production (2024) - Mtoe
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