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Global Demand for Natural Gas More Resilient than for Oil in 2020, BP Says

Global Demand for Natural Gas More Resilient than for Oil in 2020, BP Says

oil_gas_production

Industry Segment: Production | Word Count: 994 Words
Attachment: Exports, Demand Production, Proved Reserves, Imports

SUGAR LAND, TEXAS--July 12, 2021--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global use of natural gas fell about 2.3% last year, far less than the drops in overall energy demand or demand for crude oil, according to BP's Statistical Review of World Energy. But proved gas reserves continued growing, and global demand for liquefied natural gas (LNG) has grown three times faster than overall demand for gas over the last decade, said the report, released July 8.

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