Global Utilities: Producers Will Tighten Their Control Over The Energy Market

Introduction

Energy continues to be an important geopolitical issue and hydrocarbons will continue to meet the majority of demand for the foreseeable future. The reserves position of OPEC countries highlights their influence in the oil industry, though a number of new gas providers have emerged in the last 5 years as the popularity of that fuel continues to grow.

Scope

• An overview of trends in global energy consumption by source
• A comparison of the balance of power in the global oil industry in terms of stocks and flows
• An insight into major global growth markets in gas
• An understanding of growth in different supply channels for gas

Highlights

Hydrocarbons still dominate energy consumption and will continue to do so, accounting for 90% of the global total.

OPEC's share of global oil production is holding steady at around 40%, though these countries control three quarters of proven global reserves.

Both piped and LNG exports have grown faster than the rate of overall gas consumption globally, as technology permits increasing cross border trade.

Reasons to Purchase

• Identify trends in global energy demand growth
• Understand which countries hold the balance of power in global oil markets
• Track which countries are likely to become more influential in an ever globalising gas market