Quick Answer: Who Is The Largest Producer Of Natural Gas In The World?

What is the leading African producer of natural gas?

AlgeriaAlgeria is the largest natural gas producer in Africa.

According to BP data it produced 91bn m³ in 2017 and should achieve about the same in 2018.

This is supported by 4.3 trillion m³ proved gas reserves.

Algeria also holds the third largest shale gas resources in the world, estimated to be more than 22 trillion m³..

Who is the biggest gas company?

The world’s biggest oil and gas companiesLukoil – $115.2bn.Chevron – $158.9bn.Total – $209.36bn.ExxonMobil – $290.2bn.BP Plc – $298.75bn.China National Petroleum Corp (CNPC) – $346bn.Royal Dutch Shell – $388.37bn.China Petroleum & Chemical Corporation (Sinopec) – $426bn.More items…•

How many years of natural gas is left in the world?

52 yearsWorld Gas Reserves The world has proven reserves equivalent to 52.3 times its annual consumption. This means it has about 52 years of gas left (at current consumption levels and excluding unproven reserves).

Which country has most gas?

RussiaRussia. Russia holds the largest amount of natural gas reserves in the world. The country was estimated to possess about 1,688 trillion cubic feet (Tcf) of proven gas reserves as of January 2013, accounting for about one fourth of the world’s total proven gas reserves.

What are the Big 3 oil companies?

From approximately World War I to 1970, the three largest post-breakup companies, Standard Oil of New Jersey (Exxon), Standard Oil of New York (Mobil), and Standard Oil of California (Chevron), joined with Gulf, Texaco, BP, and Shell to form a cartel, earning them the nickname the “Seven Sisters.” These seven companies …

Which country is the largest producer of natural gas in the world?

In 2018, the United States was the world’s largest natural gas producer in the world, producing 863 billion cubic meters. Russia was the second largest natural gas producer, with its 2018 production amounting to nearly 725.5 billion cubic meters.

What are the top 5 natural gas producing countries?

The USA, the largest gas producer, accounted for over half of the 2019 global increase, followed by Russia, Australia, China and Iran.

Who are the largest natural gas producers?

The 7 Biggest Natural Gas Producers in AmericaExxon Mobil. Exxon Mobil is the largest producer in the American market. … BP. BP is a British multinational gas and oil giant headquartered in London, England. … ConocoPhillips. … Anadarko Petroleum. … Devon Energy. … Encana.

Who owns most of the oil in the world?

However, in 2019, five countries accounted for about half of the world’s total crude oil production.The top five crude oil producers and their percentage shares of world crude oil production in 2019 were.United States15%Russia13%Saudi Arabia12%Iraq6%Canada5%

Who produces the most natural gas in the US?

In the United States, the Pittsburgh-based company EQT was the largest producer of natural gas at four billion cubic feet daily on average in 2019. Headquartered in Houston, Texas, ExxonMobil was the second-largest producer in the United States.

Which country is rich in natural gas?

RussiaNatural Gas Reserves by Country#CountryGas Reserves (MMcf)1Russia1,688,228,0002Iran1,201,382,0003Qatar871,585,0004United States368,704,00095 more rows

Which state produces the most natural gas?

TexasTexas (as just mentioned) is leading the pack with 7.07 Tcf of natural gas production annually which amounts to 26 percent of the national production in America.

Which gas has highest natural source?

Natural gas (also called fossil gas; sometimes just gas), is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium.