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 US Energy Information Administration (EIA), US crude oil exports continued to increase in the first half of 2019, rising to an average of 2.9 mb/d (+50% compared to the same period of 2018) and reaching a record-high monthly average of 3.2 mb/d in June 2019. Canada remained the largest importer of US crude oil (over 450 kb/d, +3% compared to the first half of 2018), whereas exports to China fell by 64% to 248 kb/d over escalating trade tensions. US crude oil exports to other destinations surged, especially in South Korea (+246% to nearly 400 kb/d), India (+114% to over 380 kb/d) and the Netherlands (+192% to over 260 kb/d). Overall, US export to Asian countries grew by 58% (+472 kb/d).
According to the U.S. Geological Survey (USGS) latest 3D seismic mapping, the Alaska North Slope contains 1,523 bcm (53,800 bcf) of technically recoverable natural gas hydrate (methane ice) resources stored within gas hydrate formations. The resources are located on a depth range of 200-1,200 m. Ressources are assumed to be tackled by using conventional technology. As there are no exploration fields on gas hydrate formation, its commercial viability is unknown.
According to the Australian government, Australia’s greenhouse gas (GHG) emissions reached 538.9 MtCO2eq (+0.6%) for the year to March 2019. The growth is largely due to a 19% increase in LNG exports and to a higher steel and aluminum production. Without the impact of LNG production on emissions (+4.7 MtCO2eq), domestic GHG emissions would have fallen, as the growth in wind and solar power generation contributed to a 2.1% drop in GHG emissions from the power sector. GHG emissions in Australia, which pledged to reduce its emissions by at least 26% from 2005 levels by 2030 under the Paris Climate Accord, stood 11.7% below their 2005 level in the year to March 2019.
According to the Chinese National Energy Administration (NEA), a total of 11.4 GW of new solar PV capacities was connected to the Chinese grid in the first half of 2019, i.e. less than half of the capacity added in the same period in 2018 (24 GW). The new capacity raised the country's total solar PV capacity to 186 GW (+20% increase compared to the first half of 2018). Centralised PV power plants capacity rose by 6.8 GW (+16%) to 130 GW, while distributed capacity surged by nearly 4.6 GW (+31%) to 55 GW.