Which countries produce the most natural gas? Russia gas Ukraine
, natural gas consumption reached a new all-time high in 2021, surpassing the previous record set in 2019 by 3.3%.to the International Energy Agency.
The Asia Pacific region and the industrial sector are expected to be the main drivers of global gas consumption in the coming yearsThe world’s top 10 producers of natural gas account for about 73% of total production. Natural gas accounts for 32% of primary energy consumption in the United States, the world’s largest producer. Russia is the second biggest producer, and also has at least 37 trillion cubic meters of natural gas reserves, the most in the world.
China’s natural gas production grew by 7.8% in 2021, and it has nearly doubled since 2011. This sustained growth in production is partly down to government policies incentivizing coal-to-gas switching.Russia has significantly reduced flows of natural gas to Europe since Western nations imposed sanctions on the Kremlin following the invasion of Ukraine.
Amid tensions, the EU bloc outlined a plan to phase out dependence on Russian fossil fuels. Lithuania ceased Russian gas imports at the beginning of April. Estonia’s and Latvia’s imports also dropped to zero at the start of that month. Bulgaria, the Netherlands, and Poland all announced that they do not intend to renew long-term contracts with Gazprom. on Russia for its supply of natural gas, at least in the short and medium term.
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