Annual survey 2016

Natural Gas in the World 2016 (Released - 5 DECember 2016)


EDITORIAL: CEDIGAZ' Natural Gas in the World 2016 report confirms the provisional estimates published early May, showing a  moderate natural gas demand growth in 2015 for the third year in a row. Global gas consumption grew by 1.5%, an improvement over 2015 when it stagnated, but still below the ten-year growth rate of +2.2% despite low gas prices. The global marketed natural gas production growth was again led by the United States (shale gas).

Natural Gas in the World is Cedigaz's annual survey of global natural gas markets. The 2016 edition covers year 2015.

Topics covered by Natural Gas in the World 2016 include :

  • proved natural gas reserves
  • gross production, reinjection, flaring and others losses
  • marketed production
  • unconventional gas developments in the world
  • the international gas trade (pipeline & LNG)
  • existing and planned underground gas storage facilities in the world
  • natural gas consumption
  • international natural gas prices

Natural Gas in the World 2016 is free for members and available to non members  (PDF format - 350 euros - VAT excluded, PDF + Excel Datafile – 1,500 euros VAT excluded ) :

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In 2015, natural gas demand growth was still below the 10-year average despite lower gas prices

proved natural gas reserves DOWN 1.8%

Worldwide proven natural gas reserves declined by 1.8% to 196,229 bcm as of December 31,2015 (-3,671 bcm).

Reserves are highly concentrated, with the Middle East holding 40% of worldwide proven reserves, followed by the CIS at 34%. OPEC countries control 47% of worldwide reserves and three countries (Russia, Iran and Qatar) account for 55% of global reserves. Finally, the top 10 reserves holders own 79% of the world's total reserves. Over the last decade, worldwide proven natural gas reserves grew by 22 trillion cubic meters (+13%). The largest regional reserves addition were posted by the CIS (+12 tcm), followed by the Middle-East.