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Natural Gas

Chemical Economics Handbook

Table of Contents

Section Page Number

Executive summary 6
Summary8
Reserves8
Salient statistics12
Production14
Consumption18
Price25
Trade27
Imports27
Exports33
Introduction40
Natural gas40
Shale formation fracturing41
Liquefied natural gas (LNG)41
Natural gas and the environment46
Benefits46
Environmental concerns with shale fracking46
Supply and demand by region48
United States48
Proved reserves48
Natural gas48
History of the development of US shale gas52
Major shale formations52
Salient statistics54
Production and consumption55
Production55
Consumption59
Electric utility plants61
Industrial61
Fuel use in industry62
Chemical feedstock62
Methanol64
Hydrogen cyanide65
Oxo chemicals 66
Acetylene67
Carbon disulfide67
Chlorinated methanes67
Residential and commercial68
Transportation68
Price68
Trade70
Canada74
Proved reserves74
Salient statistics75
Production and consumption76
Trade78
Mexico79
Proved reserves80
Salient statistics80
Production and consumption81
Trade82
South America82
Proved reserves82
Salient statistics83
Production and consumption84
Trade87
Imports87
Exports90
Western Europe93
Overview of the industry93
LNG trade94
Proved reserves94
Salient statistics95
Production96
Consumption98
Residential and commercial sector100
Industrial101
Electricity generation101
Price101
Trade102
Central Europe106
Proved reserves106
Salient statistics107
Production and consumption108
Trade111
CIS and Baltic States113
Proved reserves113
Salient statistics114
Production and consumption115
Trade118
Middle East121
Proved reserves121
Production and consumption122
Salient statistics126
Trade126
Africa130
Proved reserves130
Production and consumption131
Salient statistics135
Trade136
Indian Subcontinent140
Proved reserves140
Salient statistics141
Production and consumption142
Trade145
Northeast Asia146
Proved reserves146
Salient statistics147
Production and consumption148
Trade151
Southeast Asia154
Proved reserves154
Salient statistics155
Production and consumption156
Trade159
Additional resources164
Revisions165
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