Strong rebound in Russia's gas production.
Global gas production significantly recovered after the COVID-19 pandemic with a 4.0% increase in 2021.
Global gas production experienced a strong rebound, driven by the exploding demand, especially in Asia. Gas production rebounded in North America, Asia and Africa (resp. +2.4%, +6.4% and 9.8%), mainly driven by increased volumes in the US, China, Algeria and Egypt (+58 bcm in total). Especially, Algeria experienced a significant rebound (+17%) through growing exports towards the EU (esp. Spain and Italy). Meanwhile, Russian production increased by 9.6% (+69 bcm) to cover strongly growing domestic needs and increasing pipe exports. In relative terms, the biggest surge in production occurred in India (+20%) and in Algeria (+17%). In Europe, gas production continued to decline (-4%) despite an increasing demand, due to the falling production in the UK (-18%) and in the Netherlands (-10%); a significant decrease (-3.5%) was also observed in Australia.
An in-depth analysis of the past year’s key figures, with projections related to the current context (post-pandemic rebound and the energy crisis due to the war in Ukraine).Download the publication
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