Demand By 2020

Demand By 2020

Global Natural gas demand is expected to steadily increase in the coming decades as developing economies continue growing and the West uses more of the fuel. Established energy trade patterns are also expected to shift eastward to emerging market demand centers as more and more gas is produced in western hemisphere.

Us is also likely to use more gas for its power generation, industrial use, heating, exports and transportation that together could cause consumption to spike above current levels. And as gas production in the US – and Canada – grows, demand from higher-value overseas markets in Europe and Asia increases. The following graph gives the global gas demand up to 2020:

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