Natural gas

the end of the 1950s and in the US since the turn of the century. Natural gas was introduced in Sweden in 1985. Natural gas is a combustible mixture of gaseous hydrocarbons and is found around oil fields, but also in separate deposits. Now there are hardly any oil fields where natural gas is not utilised. This part of the oil industry produces materials such as plastics, synthetic fibres, detergents and solvents.

Reserves

Natural gas is the world’s second largest energy resource. According to BP, world total proven natural gas reserves amounted to 187 to 300 billion cubic metres at the end of 2012. The states of the former Soviet Union accounted for approximately 29 percent of proven natural gas reserves.

ical Review of World Energy, 2013.

Production

According to BP , Global natural gas production totalled approx. 3363 billion cubic metres per day in 2012, a 1.9% increase in comparison to 2011.

According to BP, Europe and Eurasia were the most important natural gas producing regions in 2012 with a share of approximately 31 percent. The largest natural gas producers are the US and Russia.

Consumption

World natural gas consumption has grown by an average of 2.8 percent per year over the past ten-year period.

Figure 7. Growth in natural gas consumption 2003-2012.

figur7

Source: BP Statistical Review of World Energy, 2013.

According to BP , world total natural gas consumption in 2012 was approximately 3314 billion cubic metres per day. The largest consumers, with total consumption of approximately 1138 billion cubic metres per day, were North America and Russia, which accounted for approximately 34 percent of total consumption.

1 BP Statistical Review of World Energy, 2013

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