Link

EIA projects that natural gas consumption in Asia will continue to outpace supply


  • According to the U.S. Energy Information Administration's (EIA) latest International Energy Outlook 2019 (IEO2019) Reference case, future growth in natural gas consumption is concentrated in developing nations—those outside of the Organization for Economic Cooperation and Development (OECD)—especially in non-OECD Asian countries.
  • China's projected increase in natural gas consumption is greater than the combined growth of natural gas consumption in all other non-OECD Asian countries.
  • EIA expects other countries in non-OECD Asia, such as Bangladesh, Thailand, and Vietnam, to experience a 30% increase in natural gas demand between 2018 and 2050 as a result of increased manufacturing.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit original link

https://nrgedge.net/article/1572401915-eia-project...

ConsumptionDemandInternationalIEOInternational Energy Outlooknatural gasChinaIndia

More items from huishan


Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

Dry natural gas production in January 2020 averaged about 95.0 billion cubic feet per day (Bcf/d), according to IHS Markit data. IHS Markit also estimates that in January 2020 the United States saw the third-highest monthly U.S. natural gas production on record, down slightly from the previous tw ...

Hui Shan


Posted 3 days agoLink > supplyProductionsupply +8

Your Weekly Update: 10 -14 February 2020

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 5 days agoLink

Wrapping Up The Decade - Q419 Financials Of Oil Majors

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 7 days agoLink > BPShellTotal +4

SHORT-TERM ENERGY OUTLOOK

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 8 days agoLink > STEOEIArenewables +1

Your Weekly Update: 3 - 7 February 2020

As the extent of pandemic became apparent, Wuhan was placed on virtual lockdown on 23 January; several other cities in Hubei – totalling almost 60 million people – followed suit. In China, the SARS effects on oil demand was broadly localised to one quarter – Q2 – and then also localised to one pr ...

Hui Shan


Posted 12 days agoLink
All posts from huishan