Natural gas trade movements

Gas trade grew by 4.8%, helped by 6.2% growth in LNG import/exports

Most of the net growth in LNG exports came from Australia (19 bcm out of 21). US LNG exports rose from 0.7 bcm in 2015 to 4.4 bcm in 2016.

China continued to provide the main growth market for LNG demand. But increasing availability of supplies has prompted new LNG consumers, such as Egypt, Pakistan and Poland, to enter the market for the first time. Europe’s gas imports increased markedly last year. Virtually all of this increase was met by pipeline gas, from a combination of Algerian and Russian supplies.

Natural gas trade movements 2016 - trade flows worldwide (billion cubic metres)

Natural gas trade movements 2016 - trade flows worldwide (billion cubic metres)

Methodology

Trade flows are on a contractual basis and may not correspond to physical gas flows in all cases. The data illustrates the flow of pipeline natural gas and LNG between sources of production and the regions of consumption. Natural gas trade is shown in billion cubic metres (bcm).

Sources

Includes CISStat, FGE MENAgas service, IHS.

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