BP Statistical Review of World Energy 2017

  • By Admin
  • 13 Jun, 2017

Global gas production was essentially flat (0.3%, 21 bcm) in 2016

Today BP released the Statistical Review of World Energy 2017. BP has produced this review for 66 years. A new edition is published every June.

The BP Statistical Review of World Energy June 2017 can be downloaded in PDF format here

Key natural gas statistics from the 2017 BP statistical review of world energy:

World natural gas consumption grew by 63 billion cubic metres (bcm) or 1.5%, slower than the 10-year average of 2.3%.

EU gas consumption rose sharply by 30 bcm, or 7.1% - the fastest growth since 2010. Russia saw the largest drop in consumption of any country (-12 bcm).

Global natural gas production increased by only 21 bcm, or 0.3%. Declining production in North America (-21 bcm) partially offset strong growth from Australia (19 bcm) and Iran (13 bcm).

Gas trade grew by 4.8%, helped by 6.2% growth in LNG imports/exports.

Most of the net growth in LNG exports came from Australia (19 bcm out of 21). US LNG exports rose from 0.7 bcm in 2015 to 4.4 bcm in 2016.

LNG Supply Chart
Source: BP
Share by: