What is Natural Gas?
Natural gas is a mixture consisting of hydrocarbons with a light molecular weight, such as methane (CH4), ethane (C2H&) and propane (C3H().
World Natural Gas Market – Production
Total production of natural gas in the world was 3,55 billion m3 in 2016. Leading countries in natural gas production are Iran, Russia, Qatar, Turkmenistan, the U.S. and Saudi Arabia.
World Natural Gas Market – Consumption
In 2016, total natural gas consumption in the world increased by 1.5% to 3.5 trillion cubic meters. The increase in demand is mainly due to the Middle East and Africa.
World Natural Gas Market – Pipeline
According to the data in respect of 2016, trade by pipeline was 704.1 bcm. The biggest importer is Germany with 104 bcm and the biggest exporter is Russia with 193 bcm.
Domestic Natural Gas Market – Consumption
The amount of national natural gas consumption in 2016 was 46,395,060,952 Sm3. The distribution of national natural gas consumption by sectors is calculated as 25.05% for household consumption, 36.06% for electricity generation and 30.38% for industrial consumption.
Domestic Natural Gas Market – Imports
46,352.17 million Sm3 natural gas in total was imported in 2016. 40,778.12 million Sm3 thereof was imported by pipeline. It is seen that the largest amount was imported from Russia with the ratio of 58% on the country basis.
Domestic Natural Gas Market – LNG
7,627.68 million Sm3 LNG (total of Nigeria, Algeria and Spot LNG) was imported in 2016. This amount is 16.46% of total imports. 27,84% of total LNG imported by Spot LNG and the rest of them imported by BOTAS via long term contracts from Algeria and Nigeria.