Where is Natural Gas Mostly Used?
- Jan 20, 2017 2:28 pm GMT
Natural gas is nothing but a useful byproduct from the production of oil. There are a number of companies which burn it since there wasn't much of a market for it. But this has changed quite a bit recently since the world now knows how valuable it is to modern society.
Today, this cleaner, more versatile fuel is being used for heating homes, as a vehicle fuel, petrochemicals, feedstock, and so on. Here are some of the most natural gas consuming countries around the world:
They consumed 116.8 billion cbm of gas in 2013. This is 0.2 percent higher than 2012 and is 3.5 percent of the total. Their numbers have been increasing consistently since 2010 when they consumed 94.5 billion cbm of gas. Virtually all of the natural gas in the country was imported since they hardly produce any of their own. In fact, they have been the largest importer of LNG in the world since 2012 and has accounted for 37 percent of global imports.
One of the reasons for the consumption increasing so much in the last few years is due to the accident at the Fukushima Daiichi nuclear plant in 2011. The country's moving away from nuclear now and is using natural gas as the main fuel to generate electricity. And this could be a huge client for America as America begins to produce more natural gas in the coming years.
China has consumed 161.6 billion cbm of gas in 2012. This is around 4.8 percent of the world's consumption. This is up 10.8 percent over 2012 numbers. Given the rapid growth rate, they are going to climb up higher on this list.
Just like Japan, they are a major importer too. In 2013, they produced 117.1 billion cbm of gas, and the rest was imported. Even though China is working on increasing domestic supply by unlocking its shale reserves, it hasn't had too much luck yet unlike America which is becoming an energy powerhouse because of oil shale. This is why it is increasing imports in regards to China.
They beat China by a small margin at 162.2 billion cbm of gas. This was 0.7 percent higher than 2012 and was also around 4.8 percent of the global consumption. As with Russia and the US, the main reason they use natural gas is because they are among the largest producers of it worldwide. In 2013, 149.9 billion cbm of gas was manufactured by them which means they consume 4.9 percent of the global output. It also produces the second largest amount of gas in the world at 17 percent.
They are the second largest natural gas consumer in the world. They use 413.5 billion cbm of gas which is 12.3 percent of the total consumption in the world. This is 0.4 percent lower than their total consumption in 2012. They have a large domestic production which it subsidizes in order to encourage consumers to use it more. Also, since it is among the coldest countries in the world, the demand for gas for electricity and heating is high.
United States of America
They are the largest consumers of natural gas worldwide. In 2013, they used 737.2 billion cbm of gas which is 22.2 percent of the world's supply. The consumption has increased steadily with time too.
This is because Obama has been anti coal but this is going to change soon. America is loaded in coal and it can be burned cleaner. With the anti-coal regulations about to end, coal will come back but it will never be at the level it used to be. America is loaded in natural gas and will soon be using both to fuel its energy appetite.
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