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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16
Oct

CNPC commissions a 1.8 bcm/year long gas pipeline connecting Shanghai (China)

China National Petroleum Corporation (CNPC) has started to operate the third natural gas pipeline connecting Shanghai. The 88-km long facility connects Shanghai’s Chongming island with the Rudong coastal LNG terminal (Jiangshu province, China). It has an annual capacity of 1.84 bcm/year and is expected to meet Shanghai's growing demand.

12
Oct

Kazakhstan will supply uranium to new Chinese nuclear plants starting from 2019

Kazakhstan's Ministry of Energy announced that it will begin to supply uranium to five Chinese nuclear plants starting from 2019 onwards. The facilities are currently under construction and will be supplied with uranium fuel from Kazakhstan. The country is a key uranium producer, with around 40% of the worldwide production and 12% of the uranium reserves, ahead of Canada and Australia. The state-run company KazAtomProm has reduced the level of its uranium production by 10% for 2017 due to a 47% drop in world uranium prices at the beginning of the year.

10
Oct

Chevron's Wheatstone LNG first train comes onstream (Australia)

Chevron has started to produce LNG at the Wheatstone project (12 km west of Onslow, in the Pilbara region of Western Australia). The first liquefaction train is now operational while the second train is scheduled to start production between March and May 2018. Chevron intends to send the first LNG shipment in a few weeks.

04
Oct

Chubu Electric's 1.2 GW Nishi Nagoya 7-1 achieved commercial operation (Japan)

Chubu Electric Power reported that the 1,188 MW Nishi Nagoya 7-1 gas-fired power generation unit has achieved commercial operation. General Electric (GE) was awarded the engineering, procurement and construction (EPC) and delivered six 7HA gas turbines.