Surge in US gas production, accounting for 45% of the global increase.
Gas production soared in the United States (+11.5%), the largest gas producer accounting for 45% of the worldwide increase, pushed by recent developments in the Permian Basin and Haynesville Shale formations and by domestic consumption. Shale gas in the US now accounts for around 70% of the country’s gas production.
Gas production surged in Russia (+6.7% in 2018), spurred by a strong growth in domestic demand, and in Iran, following the start-up of new phases in the South Pars fields projects.
Australia’s gas production continued to ramp up (+15%) thanks to the commissioning of new LNG trains in 2017 and 2018.
Gas production grew at a very fast pace (+20%) in Egypt, as new phases of the West Nile Delta project are started up.
In Europe, gas production continued to fall (-15%) as the Netherlands is cutting national output.
According to the American Wind Energy Association (AWEA), the installed wind power capacity in the United States has reached 100 GW in the third quarter of 2019 (from over 94 GW at the end of 2018), enough to supply power to 32 million US households. Wind installations accelerated in the third quarter of 2019, with 8 new large power projects totalling 1.9 GW commissioned.
According to the annual report on the functioning of the European carbon market, greenhouse gras (GHG) emissions from installations covered by the EU ETS decreased by 4.1% (around 73 MtCO2eq) to 1,682 MtCO2eq in 2018, thanks to a 7.3% drop in emissions from the power and heat production sector (down to 913 MtCO2eq). Verified emissions from the industrial sector remained stable (-0.1%) at 769 MtCO2eq, while those from aviation grew by 3.9% to 67 MtCO2eq.
According to the National Energy Administration (NEA) of China, energy supply continued to improve in the first nine months of 2019: domestic crude oil production increased by 1.2%, compared to the same period of 2018, to 143 Mt, reversing three consecutive years of decline. Domestic gas production also grew by 9.5% year-on-year to nearly 128 bcm. Coal production should continue to increase, as 40 new large and medium-sized coal mines with a cumulated capacity of 196 Mt were approved during the 9-month period.
Between January and June 2019, the US net gas sales abroad reached 4.1 bcf/d (116 mcm/d) on average, a level two times superior to the net exports in 2018. According to the EIA, the expansion of US gas trade surplus is mostly due to the increase of LNG exports.