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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08
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Tokyo Gas seeks to buy volumes from 20 Mt/year Alaska LNG project (US)

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