Global Oil and Gas Market Overview - The oil and gas sector remains a dominant force in global energy consumption, accounting for over 50% of the market share, with oil and natural gas comprising 32% and 23% respectively in 2023 [2][4] - Global oil consumption reached a historic high of 100.22 million barrels per day in 2023, while natural gas sales amounted to 4,010.2 billion cubic meters, reflecting a year-on-year growth of 0.04% [2][4] - The demand for natural gas is expected to grow rapidly, with supply and demand projected to balance with crude oil by 2040 [2] Regional Consumption Trends - Emerging economies are driving the growth in oil and gas consumption, with developing countries' share of global consumption increasing [6] - North America shows steady growth in oil and gas consumption, while Europe experiences a decline in natural gas demand; the Asia-Pacific region continues to see an upward trend in consumption [6] - The construction of new oil and gas pipelines is on the rise, particularly in the Asia-Pacific region, driven by rapid development in China and India [6] China's Oil and Gas Market - China's apparent consumption of crude oil and natural gas reached 1.123 billion tons (oil equivalent) in 2023, marking an 8.2% increase from the previous year [7] - Crude oil apparent consumption was 772 million tons, up 8.5%, while natural gas apparent consumption rose to 390.72 billion cubic meters, reflecting a 7.5% increase [7][10]
全球范围内,油气能源消费仍将长期占据主导地位
2024-08-02 08:30