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Top 5 Natural Gas Producers in The World

Natural Gas Producers

Gas demand has seen a steady rise worldwide in recent years. So, it seems obvious that the entire natural gas industry will benefit from this demand.

But there are certain large producers who are the biggest beneficiaries of growth in this sector.

Gazprom

Russia’s largest natural gas producer, Gazprom accounts for 68% of the country’s total production. In 2017, it was the number one natural gas producer, contributing 12% to the total global supply in that year.

The world’s largest supply of natural gas reserves; also known as gas supplies in the ground; is owned by Gazprom. They account for 17% of the total global reserves. Gazprom, thus, has the potential to produce large amounts of natural gas for the next many years.

Royal Dutch Shell

In 2016, Royal Dutch Shell became the second largest gas producer after spending $70 billion and buying BG group. This boosted the natural gas production rate of Shell by 25%, in addition to vast gas reserves and a large-scale LNG business.

Largest supplies produced by Shell come from Norway, Malaysia, Australia, the U.S. and Canada. Apart from fulfilling the gas needs of the population, Shell is a dominant force in the LNG industry across the world.

ExxonMobil

Exxon is majorly considered an oil producer by investors, but it is a major player in the natural gas industry as well. Like Shell, Exxon is a natural gas producer with a global existence. The US and Asia are two of its largest supply regions.

After EQT Corp, Exxon is the second largest natural gas producer in the US right now. EQT Corp achieved the spot when it acquired Rice Energy last year.

Exxon owns a subsidiary known as XTO Energy, which is the largest holder of natural gas reserves in the US, having 150 TCF (trillion cubic feet) of gas reserves in North America.

Exxon also has LNG assets all over the world.

PetroChina

The public arm of the state owned China National Petroleum Corporation is known as PetroChina. Producing 70% of the country’s total gas supply, it is China’s largest natural gas producer along with being the country’s second-largest oil producer.

Currently, China is the world’s second-largest consumer of oil and the third-largest consumer of gas. PetroChina caters to the energy needs of China by producing a massive 92.1% of gas and 83.8% oil of the country.

BP

A diversified, global oil and gas company like Exxon and Shell, the oil companies of BP have made news way more than the gas companies. But BP is still one of the world leaders in natural gas production.

The company is currently producing a major portion of its gas supplies in three regions: the US, South America, and Russia.

Benjamin Roussey's picture

Thank Benjamin for the Post!

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Discussions

Bob Meinetz's picture
Bob Meinetz on May 21, 2019 8:59 am GMT

Benjamin, the 37 billion tons of CO2 emitted each year by burning extracted fossil fuels is the primary cause of climate change.

How much of this comes from burning natural gas?

Benjamin Roussey's picture
Benjamin Roussey on May 21, 2019 6:06 pm GMT

The primary reason for climate change is Mother Nature and if you cared about climate change you would tell Leo DiCaprio and Al Gore to get get out of their Lear jets!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Benjamin Roussey's picture
Benjamin Roussey on May 21, 2019 6:10 pm GMT

The primary reason liberal cities like Chicago and LA are cess pools is because of liberals and the primary reason 9-11 happened was because Bill Clinton ignored Al Qeada in the 90s and the primary reason ISIS has been killed and is no longer shooting up night clubs in Orlando and killing gay people is because Trump is actually a real President and Obama was Muslim sympathizer and the primary reason Clapper and Brennan will be arrested in the next couple of months is because they are anti American and narcissistic. 

Bob Meinetz - you are part of the problem and you are the reason my home state of California is a financial nighmare!!!!!!!!!!!!!!!!!!!!!!!! Go back to Europe!!!!!!!!!!!!!!!!!!!!!!!!!!!!! America likes being a super power - we don't want to be another joke European country!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Benjamin Roussey's picture
Benjamin Roussey on May 21, 2019 6:12 pm GMT

37 billion tons of CO2 emitted each year by burning extracted fossil fuels - so what????????????????????????????????????? Dead trees in the forest that are decaying put out more CO2 and your liberal friends in California don't believe in proper forest management and they wonder why their state is on fire every year!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 

Stop spending money on welfare for irresponsible people and coddling illegals and clean up your forests!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I win - again!!!!!!!!!!!! But all your liberal cities are failing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Bob Meinetz's picture
Bob Meinetz on May 22, 2019 9:59 pm GMT

Sorry if I upset you, Benjamin.

Benjamin Roussey's picture
Benjamin Roussey on May 23, 2019 7:04 pm GMT

Have you seen the economy Bob? I am doing just fine after those tax cuts!!!!!!!!!!!!!!!!

Benjamin Roussey's picture
Benjamin Roussey on May 23, 2019 7:05 pm GMT

I no longer live in gangster filled, homeless occupied California where rape and crime are everywhere - I am doing just fine in Arizona!!!!!!!!!!

Benjamin Roussey's picture
Benjamin Roussey on May 23, 2019 7:06 pm GMT

Bob - Loretta Lynch and Clapper will be arrested soon. Things are great!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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