Tenth Largest Natural Gas Producing Country in the World – Algeria
Algeria is the world’s tenth largest producer of natural gas with 102 billion cubic meters of natural gas production in the year 2022.
- Algeria is one of the top ten nations that produce natural gas. The country’s output was up 17 billion cubic meters over 2020 in 2022, despite a very slight decline of almost 2 billion cubic meters from the year before.
- Algeria possesses the world’s fifth-largest LNG export capacity. Even though its natural gas exports fell by 10.6% in 2022 compared to 2021, they were still up 24% from 2020.
- Nearly 85% of the nation’s exports in 2022 were used to meet the natural gas needs of Europe.
- Algeria and Italy inked a deal last year to boost Italy’s imports of natural gas from the North African nation.
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