Other countries looked at what the mess in Iran did to fossil fuel prices and decided to accelerate their move away from them. But not Canada, where fossil fuel extraction is a higher priority than clean air and a livable environment. Ugh.
Canada is the 5th largest producer of natural gas, it produces roughly the same volume as Saudi Arabia, the sixth largest.
Iran, which is number 4, produces almost double the volume.
Canada natural gas production is a fraction of those in the top-3 producers, which are the United States, Russia, and China. The top-3 count for around 59% of the world’s natural gas production (Source).
Gas consumption grew in the three largest markets: in 2024, it rose by 1% in the USA – the largest gas consumer in the world (22%); in Russia (12% of global gas consumption), gas demand grew by over 6%; gas consumption also increased in China (+7%) supported by a higher demand from the power sector and by cheaper LNG prices. China now accounts for 11% of the global gas consumption, on par with Europe, whose gas consumption remained stable after two years of sharp decline (Source).
natural gas production in the United States and China will keep increasing throughout this decade. After the 2030s, the future of natural gas production in the United States and Russia will depend on how decarbonization efforts affect demand for their
natural gas exports, both through pipelines and as LNG.
In China, natural gas production growth will continue to be driven by energy security goals [and] China and Southeast Asia will see continued natural gas demand growth beyond the 2030s and into 2050.
A friendly reminder that Canada joined a group of 60 states that committed themselves to phase-out fossil fuels. The U.S., Russia, and China refused to join this group.
Other countries looked at what the mess in Iran did to fossil fuel prices and decided to accelerate their move away from them. But not Canada, where fossil fuel extraction is a higher priority than clean air and a livable environment. Ugh.
It’s not like major portions of the country burn every summer. Or that each year it gets worse and worse or anything! Long live fossil fuels!
Canada is the 5th largest producer of natural gas, it produces roughly the same volume as Saudi Arabia, the sixth largest.
Iran, which is number 4, produces almost double the volume.
Canada natural gas production is a fraction of those in the top-3 producers, which are the United States, Russia, and China. The top-3 count for around 59% of the world’s natural gas production (Source).
Gas consumption grew in the three largest markets: in 2024, it rose by 1% in the USA – the largest gas consumer in the world (22%); in Russia (12% of global gas consumption), gas demand grew by over 6%; gas consumption also increased in China (+7%) supported by a higher demand from the power sector and by cheaper LNG prices. China now accounts for 11% of the global gas consumption, on par with Europe, whose gas consumption remained stable after two years of sharp decline (Source).
A forecast by the Asia Pacific Energy Research Centre (opens pdf) says, among others, that,
A friendly reminder that Canada joined a group of 60 states that committed themselves to phase-out fossil fuels. The U.S., Russia, and China refused to join this group.
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