Global Utilities: Producers will tighten their control over the energy market

Table of Contents

• DATAMONITOR VIEW
  • PREDICTION
  • SUMMARY
  • METHODOLOGY
• ANALYSIS
  • Global Energy consumption is continuing to grow in line with economic growth
  • Hydrocarbons still dominate energy consumption and will continue to do so
  • Hydrocarbons are heavily demand insensitive as substantial price fluctuation has not lead to changes in consumption trends
  • Oil demand has grown overall, boosted by demand from the Asia Pacific region
  • OPEC's share of global oil production is holding steady at around 40%
  • Europe and its surrounding areas are the largest gas consuming region of the World
  • Both piped and LNG exports have grown faster than the rate of overall gas consumption globally
  • Kazakhstan is the fastest growing major gas producer in the world
• APPENDIX
  • Further reading
  • Ask the analyst
  • List of Figures
    • Figure 1: Global primary energy demand 1985-2005
    • Figure 2: Shares of respective fuels in global primary energy demand 1985-2005
    • Figure 3: Index of real prices of EU gas contracts and a global basket of oil contracts 1985-2000 (2000=100)
    • Figure 4: Global Oil Consumption 1985-2005
    • Figure 5: Shares of global oil production, 1985-2005
    • Figure 6: Global gas consumption by region, 1985-2005
    • Figure 7: Global gas imports by source 2002-2005
    • Figure 8: Cumulative growth in annual gas production, 2000 to 2005