Natural gas production

Gas production stalled in 2016 well below the historical average (2.3%)

Breakdown by country (bcm)

World

-1.6%

First fall in US gas production since 2005.

Gas production stalled in 2016 well below the historical average (2.3%)

For the first time in ten years, US gas production contracted in 2016. Despite significant cost reduction efforts and productivity gains in the shale gas industry, the gas production fall is explained by the decrease of drilling and completing new gas wells commenced in 2015, the shutting of many unprofitable wells and the decline in conventional production.
Russia, the world’s second largest gas producer, recorded a slight production increase driven by its exports to European countries and its domestic demand and enabled by its production capacity expansion.
The entry into service of large production capacities in Algeria has allowed the country to significantly boost its output after of years of sluggish expansion.
Gas production in the Middle East countries increased at a similar rate to the three previous years.
European gas production continued to fall around its 4.5%/year on average pace resulting from conventional gas depletion and mandated production restriction in The Netherlands.

Global Energy Trends, 2017 edition

Based on its 2016 data for G20 countries, Enerdata analyses the trends in the world energy markets.

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22
Feb

EDF will purchase 1.2 Mt/year of LNG from Anadarko (Mozambique)

The petroleum company Anadarko Petroleum has signed a long-term LNG sales and purchase agreement with the French power utility EDF through its Mozambique LNG project (MLNG) and its subsidiary Mozambique LNG1 Company. According to the off-take deal, MLNG will supply 1.2 Mt/year of LNG to EDF over a 15-year period.

20
Feb

Delek Drilling (Israel) signs a 64 bcm gas contract with Egypt

The Israeli exploration and production company Delek Drilling (a subsidiary of Delek Group) has signed two gas supply deals of US$7.5bn each with the Egyptian company Dolphinus Holdings for around 64 bcm of gas export to Egypt.

19
Feb

US coal prices and production have increased throughout 2017

According to the United States Energy Information Administration (EIA), the US coal production is expected to have increased to 773 Mt (million short tons) in 2017 (+6.2%, the highest annual growth since 2001). Coal production was higher in each of the five major coal regions. The largest production increase took place in the Powder River basin in Wyoming and Montana (+8% up to 26 Mt).

16
Feb

EWE will cut gas imports from Groningen field by 1.7 bcm (Netherlands)

The German power company EWE plans to reduce its use of gas from the gas Groningen field (Netherlands) by 1.7 bcm/year and will instead convert high-calorific Russian or Norwegian gas (H-gas) to the low-calorific gas (L-gas) required for its infrastructures.