Natural Gas Statistics - Page 11

CEDIGAZ’s Monthly LNG Trade Bulletin of February 2015

Posted in LNG Markets, Natural Gas Statistics on

Asia: overall year-on-year stagnation amid weaker growth in China

LNG importsIn Asia, the volume of LNG imported by the three largest consumers – Japan, South Korea and China – has stagnated overall, from 145.4 million tons in 2013 to 145.6 million tons in 2014. Japan imported 88.5 million tons in 2014 versus 87.5 million tons in the previous year, while South Korean imports decreased by 6.8% down to 37.2 million tons due to the restart of some nuclear plants, strong competition from coal and mild temperatures. Chinese imports growth has markedly decelerated to 10.4% versus 23% in 2013 and 20.3% in 2012.

Natural Gas Markets Show Disturbing Signs of Weakness

Posted in Analysis, Natural Gas Market, Natural Gas Statistics, Press release on

The 2014 edition of CEDIGAZ’s flagship survey Natural Gas in the World highlights some disturbing signs of weakness on the demand and supply sides, indicating structural challenges that will need to be addressed before a golden age of gas can occur.

In 2013, growth in worldwide gas demand decelerated, up by only 1% versus 2.4% in 2012. This is less than the 3% growth achieved by coal and, most remarkably, less than that of oil (1.4%). Moreover, gas was the only fossil fuel to record lower growth in 2013 than in 2012. This phenomenon may be observed even in Asia – a powerhouse in terms of growth in gas demand – where demand rose 4% in 2013, down from 6% one year earlier. Gas demand had already shown its limitations in 2012, when it gained only 2.4%, compared to an average growth of 2.8% per year in the previous decade.

First estimates – Press release (May 6, 2014)

Posted in Natural Gas Market, Natural Gas Statistics, Press release on

Global natural gas activity showed very mixed results in 2013, according to CEDIGAZ in its latest survey: The 2013 Natural Gas Year in Review

PARIS, 6 May 2013. In an economic and geopolitical climate still unstable, the world gas expansion moderated for the second consecutive year, according to the first estimates for 2013 released by the International Association CEDIGAZ today.

Natural gas consumption only rose by 1.3%, down from an average growth of 2.8% per year in the previous decade. Natural gas still suffers in particular from severe competition with coal in the power generation sector. Inside the EU-28, actual consumption was estimated down 1.9% to 460 Billion cubic metres (Bcm). This poor performance brought European consumption to levels not seen in more than 15 years. In the US, rising gas prices compared to 2012 has often made coal more competitive and penalized gas consumption in the power generation sector, causing it to fall by 10.5%.