Natural Gas Market Outlook

This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.

This report provides insights and guidance on developments and needs in the natural gas market. The report, drafted by the Columbia University's School of International and Public Affairs for the UNECE Group of Experts on Gas, and in collaboration with a broad range of natural gas stakeholders from the UNECE region, highlights demand and supply trends for natural gas and Liquefied Natural Gas (LNG) and suggests areas where policy makers can support the development of LNG infrastructure and markets that can contribute to sustainable development.

Seminar paper from the year 2022 in the subject Business economics - Supply, Production, Logistics, grade: 1,2, University of Applied Sciences Saarbrücken, course: International Supply Management, language: English, abstract: The aim of this paper is to analyse the supply market for natural gas as well as to describe factors that have an influence on the price of natural gas. A forecast of the price trend of natural gas in the upcoming months and a forecast for May 2022 will also be given in this paper. Natural gas is a naturally occurring gas mixture that is formed deep beneath the earth’s surface and is primarily composed of methane. Alongside crude oil and coal, natural gas is one of the most important fossil fuels in the world. In fact, according to the International Energy Agency, natural gas is the third most important primary energy source in the world energy market with a share of 24 % of the world energy supply in 2020. Natural gas consumption is expected to stay high in 2030 and 2050 with an expected share of 23 %. Compared to other fossil fuels, natural gas has the lowest CO2 emissions and is an important energy source for households and industries. It is used for heating, electricity, or as a fuel for vehicles.