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GCC Natural Gas Market Detail Analysis Focusing On Key Player Like British Petroleum, Exxon Mobil, ConocoPhillips, Bahrain Petroleum Company, Eni, Lukoil, Chevron

10-03-2018 07:09 PM CET | Energy & Environment

Press release from: marketstudyreport.com

GCC Natural Gas

GCC Natural Gas

The GCC Natural Gas Market report is well-furnished to offer current market scenario along with market trends and opportunity. Further, the report uses different research methodology to provide the accurate data during the forecast period 2018-2024. Also, this report encompasses company profiling of key players with market share, recent developments, and strategies. Addition to this, the report is also comprised of insight data.

Qatar natural gas market is predicted to surpass 50 million tons by 2024. Positive consumer outlook toward LNG production accompanied by abundant availability of natural gas reserves will propel the market penetration. The Government of Qatar, in 2018, announced its plans to boost LNG production by 30% from 77 to 100 million metric tons per annum by 2023.

UAE natural gas market is predicted to witness robust growth on account of positive outlook toward diversification of energy. The Government of UAE has set a target to consolidate 24% of its contribution from renewable resource under its National Agenda 2021.

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Increasing focus toward development of non-conventional reservoirs with an aim to minimize dependency on imports will fuel the GCC natural gas Market. Low electricity generation cost, environmental proximity and cost effectiveness will make the product adoption preferable over other alternatives. According to BP energy outlook, natural gas is predicted to witness growth over 60% where total energy utilization is projected to gain over 50% escalation by 2040.

GCC Natural Gas Market is predicted to reach over USD 50 Billion by 2024. Stringent government mandates to reduce emissions along with rising concerns pertaining to fossil fuel sustainability will positively influence the GCC natural gas market. In 2016, Saudi Arabia projected the Nationally Determined Contribution (NDC) target that aims to curb 130 metric tons of CO2 per year by 2030.

CNG natural gas market is projected to surpass USD 3 billion by 2024. Shifting trend toward energy security coupled with rising number of automotive vehicle will boost the product demand. In Saudi Arabia, passenger vehicle sales are predicted to grow by 50%.

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Eminent participants across the GCC natural gas market includes Qatar Petroleum, GAZPROM, British Petroleum, Exxon Mobil, ConocoPhillips, Bahrain Petroleum Company, Eni, Lukoil, Chevron, Royal Dutch Shell, ONGC Videsh, General Electric, Occidental Petroleum Corporation, Petroleum Development Oman, Statoil, Rosneft, Occidental Petroleum Corporation and Total.

Data Tables

TABLE 1 GCC Natural Gas Market 3600 synopsis, 2013 - 2024

TABLE 2 GCC market, 2013 – 2017 (Volume & Revenue)

TABLE 3 GCC market, 2018 – 2024 (Volume & Revenue)

TABLE 4 GCC market by product, 2013 – 2017 (Million Tons)

TABLE 5 GCC market by product, 2018 – 2024 (Million Tones)

TABLE 6 GCC market by product, 2013 – 2017 (USD Million)

TABLE 7 GCC market by product, 2018 – 2024 (USD Million)

TABLE 8 GCC market by application, 2013 – 2017 (Million Tons)

TABLE 9 GCC market by application, 2018 – 2024 (Million Tons)

TABLE 10 GCC market by application, 2013 – 2017 (USD Million)

TABLE 11 GCC market by application, 2018 – 2024 (USD Million)

TABLE 12 GCC market by end use, 2013 – 2017 (Million Tons)

TABLE 13 GCC market by end use, 2018 – 2024 (Million Tons)

TABLE 14 GCC market by end use, 2013 – 2017 (USD Million)

TABLE 15 GCC market by end use, 2018 – 2024 (USD Million)

TABLE 16 GCC market by country, 2013 – 2017 (Million Tons)

TABLE 17 GCC market by country, 2018 – 2024 (Million Tons)

TABLE 18 GCC market by country, 2013 – 2017 (USD Million)

TABLE 19 GCC market by country, 2018 – 2024 (USD Million)

TABLE 20 Shale Gas Reservoir Properties and Resources of United Arab Emirates

TABLE 21 Shale Gas Reservoir Properties and Resources of Oman

TABLE 22 Industry impact forces

TABLE 23 GCC market from unconventional, 2013-2017 (Volume & Revenue)

TABLE 24 GCC market from unconventional, 2018-2024 (Volume & Revenue)

TABLE 25 GCC market from unconventional, by country, 2013 – 2017 (Million Tons)

TABLE 26 GCC market from unconventional, by country, 2018 – 2024 (Million Tons)

TABLE 27 GCC market from unconventional, by country, 2013 – 2017 (USD Million)

TABLE 28 GCC market from unconventional, by country, 2018 – 2024 (USD Million)

TABLE 29 GCC market from gas, 2013-2017 (Million Tons)

TABLE 30 GCC market from gas, 2018-2024 (Million Tons)

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