4,550
billion cubic meters
Global Production
BP Statistical Review of World Energy 2024
-0.2%
YOY % Change
Provenance
Like crude oil, natural gas is found in large deposits across the globe, with significant producers including Russia, the United States, Qatar, and Iran. Russia’s natural gas is predominantly extracted from Siberian fields like the Urengoy, while Qatar’s North Field is the largest natural gas field in the world.
Impact
Natural gas is a cleaner-burning fossil fuel that produces fewer harmful emissions compared to coal and oil, with significantly lower levels of sulfur dioxide and nitrogen oxides. Its land-based pipeline delivery system achieves high energy transmission efficiency, with up to 92% of the energy produced reaching end users. These extensive pipeline networks primarily transport natural gas over land, connecting production fields to industrial facilities, power plants, and residential areas. This efficient delivery infrastructure has established natural gas as a reliable and cost-effective energy source in global markets while also supporting cleaner energy initiatives by facilitating the transition to low-carbon energy systems