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Gazprom stays on top in 2023 producer rankings [Gas in Transition]

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Gazprom stays on top in 2023 producer rankings [Gas in Transition]

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Natural Gas News
Gazprom stays on top in 2023 producer rankings [Gas in Transition]

Summary

The top four producers are now three Russian and one Chinese company. Western IOCs, having embraced the green narrative of shifting away from oil and gas, are losing ground. by: Thierry Bros

Russia’s Gazprom remains the undisputed leader among top gas producers, with a 10% worldwide share of the market in 2023, followed, just as in the previous year, by PetroChina. As Gazprom was the major provider of worldwide spare gas capacity, the removal of most Russian gas from Europe also de-facto took away this spare capacity. The inconvenient truth is that three Russian companies are now among the top four major gas producers, alongside PetroChina. The first international oil company (IOC) is Chevron, in fifth position. And since the International Energy Agency (IEA) published its net-zero scenario in ...

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