Natural gas is one of the most widely used fossil fuel products in the world today. One of the primary reasons for this is that it is more efficient and emits far less pollution than other fossil fuel products.
Today, over 150 countries extract natural gas; here are the top five natural gas producers in the world.
USA
The United States of America is the world’s largest producer of natural gas. This country produces 20.4 percent of all natural gas in the world. One notable feature of the United States of America is that the country uses the vast majority of its natural gas produced for domestic purposes, with only 5% exported. According to studies, the country’s production is increasing year after year, despite widespread concern about the environmental consequences.
Russia
Russia is the world’s second largest producer of natural gas. This country accounts for nearly 18.6 percent of global natural gas production. The country is also the world’s largest exporter of natural gas. This country exports natural gas to Europe and other countries. The majority of gas production interests are held by companies based in the United States.
Iran
Iran is the world’s third largest producer of natural gas. This country is estimated to account for nearly 4.8 percent of total global output. This country alone accounts for approximately 17% of the world’s total gas reserves. Iran, on the other hand, has only exploited a small portion of its natural gas resources and is expected to increase production for both domestic and export purposes.
Qatar
Qatar is the world’s fourth largest producer of natural gas. Qatar is the world’s second largest natural gas exporter and holds the record for the most natural gas exported. The country has made significant investments in natural gas extraction and export infrastructure. Qatar has one of the world’s highest potential and largest natural gas reserves, and it is expected to keep this position for a long time. This country’s output accounts for 4.6 percent of total global output.
Canada
Canada is the world’s fifth largest producer of natural gas. This country currently accounts for 4% of total global gas production. Until 2015, the country’s production was constant, and it has since increased. The government has made significant investments in this sector in order to increase output and exports. According to estimates, this industry alone employs nearly 6.2 million people in Canada today.