DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ssnzbh/global_natural) has announced the addition of the "Global Natural Gas Industry" report to their offering.
The countries of North America constitute a very integrated and mature market for natural gas. The North American natural gas market is almost self-sufficient. The liberalization process in natural gas market started as early as the seventies in Canada and United States, and they are the countries who have gone furthest in opening the market to competition. The reserves of natural gas in Western Europe are limited, accounting for less than 5% of global resources. At present, the European market is under structural changes resulting from the liberalization process that is taking place. Main producing countries are Netherlands, Norway and United Kingdom.
Natural gas accounts for almost a quarter of world's energy consumption and its being brought into use considerably in the last 30 years. The Russian Federation is the largest gas producing country and the world leading exporting country. Natural gas is the predominant fuel in Russia, accounting for nearly half of the country's domestic consumption. It is followed closely by Iran. Other major producing countries are Canada, United Kingdom, Algeria, Indonesia, Iran, Netherlands, Norway and Uzbekistan. Most LNG trade takes place in Asia-Pacific, with Indonesia, Malaysia and Australia as exporting countries and Japan as the main importing country. Algeria and Qatar are also major exporters of LNG.
Major players in the market are Saudi Arabian Oil Company, Gazprom, National Iranian Oil Company, Petroleos de Venezuela.S.A., Sonatrach, ExxonMobil Corporation, BP Plc, amongst others. As natural gas is essentially irreplaceable (at least with current technology), it is important to have an idea of how much natural gas is left in the ground for us to use. However, this becomes complicated by the fact that no one really knows exactly how much natural gas exists until it is extracted.
The focus on the Global Natural Gas Industry explores this niche market globally and focuses on the happenings of this industry. Analyzing the global trends, the growth drivers, the strengths and weaknesses of this industry, industry statistics and forecast, trends in natural gas transportation and storage, import/export situation, etc. The report covers the complete developments in the natural gas industry.
For more information visit http://www.researchandmarkets.com/research/ssnzbh/global_natural
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