Research and Markets: Natural Gas Supply Outlook 2015 - Europe, United States, China
Research and Markets (http://www.researchandmarkets.com/research/36tsmm/natural_gas)
has announced the addition of the "Natural
Gas Supply Outlook - Europe, United States, China" report to
This report deals with the supply chain for natural gas, from the
production stage, through processing and transportation, to distribution
and consumption by industrial and retail customers.
It describes and explains how supply works and its key features in the
European, US and Chinese markets.
It then looks at the future for natural gas, under a range of future
scenarios covering then next ten years, including an optimistic scenario
where increased economic activity has driven up the price of energy, a
base' scenario of activity remaining at recent levels and a negative
scenario of low economic activity and energy prices. In each case it
looks at the likely structure of natural gas supply in the different
Shale gas will account for nearly half of total US gas production by
2040. Production volumes will continue to grow because of increased
drilling efficiencies and more shale gas fields coming on stream.
The increased production is expected to decrease the country's
dependence on imports from Canada. LNG exports from the US are expected
to increase beginning 2016.
Use of natural gas in sectors other than electrical power production is
expected to expand in the medium term. The fertilizer and chemical
sector industries particularly are expected to start new projects
driving long term demand.
Europe is likely to see declining local production and increasing
imports from areas such as West Africa the US, Canada and North Africa,
resulting in more LNG supply. Thus two thirds of Europe's natural gas
needs are expected to be met by imports by the year 2025. With local
production volumes expected to decline, and issues over the security of
Russian gas, LNG imports are projected to approximately double between
2014 and 2020.
Due to the rise in investments in infrastructure, in particular new
pipeline projects and the increased use of LNG, gas prices in Europe are
likely to increase up to 2020. Prices are expected to stabilise beyond
Increases in natural gas consumption in Europe will be driven mainly by
demand from the residential-commercial and industrial sectors from
southern Europe and Turkey in 2015-25.
China's National Energy Administration (NEA) set the 2020 production
target of shale gas at 30 billion cubic meters (1 trillion cubic feet),
however it is believed much of China's unconventional gas reserves may
prove difficult or impossible to exploit during this time frame.
By 2020, pipelines from Central Asia, Myanmar, Russia and imported
liquefied natural gas mainly from Qatar and Australia are expected to
play a major role in supplying a large part of China's gas.
As China tries to wean itself from its use of cheap coal gas is likely
to play a larger part in the energy consumption mix. The Chinese
government expects to increase natural gas's share of total energy
consumption to around 8% by the end of 2015 and to 10% by 2020. BP plc
predicts that China's natural gas consumption will rise 270% by 2035.
Key Topics Covered:
2. Natural Gas Supply Chain
3. Natural Gas Supply Chain in the North American Market
4. Natural Gas Supply Chain in the European Market
5. Natural Gas Supply Chain in China
6. Gas Market Scenario Forecasts to 2025 Based on Different Economic
7. Natural Gas Supply Chain in the North American Market to 2025
8. Natural Gas Supply Chain in the European Market to 2025
9. Natural Gas Supply Chain in China Market in 2025
- Chevron Corporation
- China National Petroleum
- Exxon Mobil
- Kuwait Petroleum Corporation
- Royal Dutch Shell
- Saudi Aramco
- Total SA
For more information visit http://www.researchandmarkets.com/research/36tsmm/natural_gas
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