Fourth Largest Natural Gas Producing Country in the World – China
China is the world’s fourth largest producer of natural gas with 219 billion cubic meters of natural gas production in the year 2022.
- China’s government has offered incentives to switch from coal to natural gas in order to fulfill emissions objectives and minimize air pollution in recent years.
- Even though China’s natural gas output has nearly doubled over the last ten years, about half of its needs are still met by imports.
- Its major suppliers include the US, Malaysia, Australia, Turkmenistan, Russia, and Qatar.
- The US Energy Information Administration (EIA) reports that China’s government revealed its 14th Five-Year Plan (2021–25) in March 2022.
- The plan sets the goal for domestic natural gas production at 22.3 billion cubic feet per day by 2025, or 3.0 billion cubic feet per day more than domestic production in 2021.
Largest Natural Gas Producing Countries in the World
Largest Natural Gas Producing Countries in the World: The top 10 largest natural gas producing countries are the United States, Russia, Iran, China, Canada, Qatar, Australia, Norway, Saudi Arabia, and Algeria. In 2022, the world made more natural gas than the year before, with a 5..7% increase. Through 2030, annual global gas production is forecasted to increase by a CAGR of 0.71%.
At over 25% of global production, the United States is the world’s largest producer of natural gas. Also, the US exports more natural gas than any other country in the world. While some natural gas is imported by the US to assist meet domestic demand, the bulk of natural gas used in the US is generated domestically.
In this article, we will look into the details of the top 10 largest natural gas producing countries in the world, along with their percentage, and their impact on the global level.
Table of Content
- About Natural Gas Producing Countries in the World
- List of Largest Natural Gas Producing Countries in the World
- Largest Natural Gas Producing Country in the World – United States
- Second Largest Natural Gas Producing Country in the World – Russia
- Third Largest Natural Gas Producing Country in the World – Iran
- Fourth Largest Natural Gas Producing Country in the World – China
- Fifth Largest Natural Gas Producing Country in the World – Canada
- Sixth Largest Natural Gas Producing Country in the World – Qatar
- Seventh Largest Natural Gas Producing Country in the World – Australia
- Eighth Largest Natural Gas Producing Country in the World – Norway
- Ninth Largest Natural Gas Producing Country in the World – Saudi Arabia
- Tenth Largest Natural Gas Producing Country in the World – Algeria