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Global Gas Outlook: World GDP and Natural Gas Trends

Explore projections on world GDP growth, natural gas consumption, reserves, and key uncertainties in natural gas forecasting from 2005 to 2030 provided by James M. Kendell of the Energy Information Administration.

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Global Gas Outlook: World GDP and Natural Gas Trends

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  1. Global Gas Outlook James M. Kendell Energy Information Administration James.Kendell@eia.doe.gov The Aspen Institute June 28, 2008 Aspen, Colorado

  2. World and Regional GDP, 2005, andGDP Growth Rates, 2005-2030 (annual average percent) (billion 2000 dollars) Source: EIA, International Energy Outlook 2008. Note: GDP is expressed in purchasing power parity terms.

  3. World Natural Gas Consumption by End-Use Sector, 2005-2030 Source: EIA, International Energy Outlook 2008

  4. Natural Gas Consumption, 2005 and 2030 (Trillion cubic feet) 2030 2005 Source: 2005 Data: EIA, International Energy Annual 2005; 2030 Data: International Energy Outlook 2008

  5. World Natural Gas Reserves by Geographic Region as of January 1, 2008(Trillion cubic feet) World Total: 6,186 Trillion Cubic Feet Source: EIA, Oil & Gas Journal, Vol. 105, No. 48 (December 24, 2007), pp. 24-25.

  6. Natural Gas Reserves to Production Ratio, 2006 (Years production remaining) Source: EIA, Office of Energy Markets and End Use

  7. World Natural Gas Production (Trillion Cubic Feet) Source: EIA, International Energy Outlook 2008

  8. 2030 2006 19 Tcf 8 Tcf Other Non-OECD Non-OECD Asia OECD North America Global LNG Imports, 2005 and 2030 OECD Europe OECD Asia OECD Asia Other Non-OECD OECD Europe Non-OECD Asia OECD North America Source: 2005 Data: EIA, Office of Energy Markets and End Use; 2030 Data: International Energy Outlook 2008.

  9. Key Uncertainties in Natural Gas Forecasting • Macroeconomic Growth • Restrictions on Carbon Emissions • World Oil Prices • Demand Side Technological Advances • Geology • Access • Production Technology Advances • Liquefied Natural Gas

  10. Recurring Publications: Annual Energy Outlook 2008, April 2008 (early release) Short-Term Energy Outlook, monthly International Energy Outlook 2008, June 2008 (early release) Special Reports: U.S. Natural Gas Imports and Exports: Issues and Trends 2006, February 2008 U.S. Underground Natural Gas Storage Developments: 1998-2005, October 2006 Estimate of Maximum Underground Working Gas Storage Capacity in the United States: 2007 Update,October 2007 James M. Kendell Energy Information Administration James.Kendell@eia.doe.gov

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