The role of liquefied natural gas in the global energy balance

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Abstract

The article is devoted to the study of the share and dynamics of consumption of liquefied natural gas in the framework of the global demand for the consumption of networked natural gas and the general energy balance. The author studies the role of natural gas consumption within the world continents for the period 1965-2019, analyzes the limitations of the growth in demand for gas consumption in various territorial entities. The analysis of the growth of the share of LNG in the framework of the global production of natural gas is carried out, the analysis of the share of exports and imports of network and liquefied natural gas within the world continents is carried out, in identifying the trend of asynchronous development of the markets of network and liquefied natural gas. An analysis of the dynamics of exports and imports of the world's leading producers and consumers of LNG over the past 20 years is carried out, with a study of the characteristics of prices for supplied LNG at the largest terminals. The author draws a number of key conclusions, in particular, on the significant prospects for the development of the LNG market on a global scale, as well as on the further redistribution of the LNG market among the key countries-players of the world gas market.

About the authors

Anatoly Petrovich Dzyuba

Higher School of Economics and Management, South Ural State University (NRU)

Author for correspondence.
Email: dziubaap@susu.ru
ORCID iD: 0000-0001-6319-1316
Scopus Author ID: 57190407660
ResearcherId: AAF-5350-2019

PhD, Senior Researcher at the Department of Financial Technologies

Russia, 454080 Chelyabinsk, Lenin Avenue, 76, room. 310

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