Overview of Global Natural Gas Industry

Whilst oil remains the dominant fuel in Africa and the Americas, Natural Gas dominates in Europe and the Middle East and Coal is the predominant fuel in Asia Pacific accounting for nearly 50% of energy consumption. But driven by the worlds ever increasing demand for power, the proportion of natural gas in the energy mix is increasing.  However, with the ever-increasing use of renewable energy encouraged by subsidies and falling costs, the mechanics of the natural gas commercial structures discourage the use of natural gas as the logical transition fuel.
This paper will briefly outline the key characteristics of natural gas and examine the global uses of gas with particular emphasis on the development of use of gas as a transportation fuel.
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