FAST ENERGY GROWTH
U.S. EIA - Energy consumption in Asia, the Middle East, and Africa continues to grow rapidly, with about 20% growth in each region between 2010 and 2016, according to newly available data in EIA's International Energy Statistics database. In particular, energy consumption has been increasing in the Middle East and Africa, driven by economic growth, increased access to energy markets, and quickly growing populations. Energy consumption in Asia grew even as energy consumption in China declined between 2015 and 2016.
Although growth was rapid in Africa and the Middle East, Asia and Oceania consumed much more energy overall (42% of 2016 world energy consumption, compared with 6% in the Middle East and 3% in Africa). Slower long-term energy consumption trends continued in the mature economies of North America, where energy consumption grew by 1% between 2010 and 2016, and in Europe, where energy consumption actually fell 4% between those years.
Globally, petroleum and other liquid fuels (including biofuels such as ethanol and biodiesel) are the most prevalent form of energy consumed. Growing use of these fuels has been supported by increasing supplies of U.S. shale oil and other international sources of liquid fuels that have kept prices relatively competitive. Global coal consumption continued to decline as a result of competition from low cost natural gas as well as some countries' policies to limit or decrease coal use.
Regional fuel use varies according to the availability of resources. In 2016, coal accounted for almost 50% of the energy consumed in Asia and Oceania, where China, India, and Australia are all significant consumers of coal. The largest shares of nuclear and renewable energy were in Europe (26%), North America (19%), and Central and South America (26%).
These regions, particularly Europe and North America, have significant renewable resources as well as policies that encourage renewable energy usage, especially wind and solar. Because of the region's rich reserves of oil and natural gas, nearly all energy consumption in the Middle East comes from either petroleum or natural gas with virtually no contribution from coal, nuclear, or renewable energy.
From 2000 to 2013, China experienced rapid growth in energy consumption, overtaking the United States as the world's largest energy consumer in 2009. Since 2013, China has consistently used approximately 40% more energy than the United States. Although growth in China's gross domestic product (GDP) has slowed over this time period, it continues to grow faster than 6% per year compared with relatively flat total energy consumption, demonstrating the country's improvements in energy intensity (GDP per unit energy).
By comparison, India's GDP is growing at a rate of almost 8% per year, and energy use is growing as well. In recent years, India has surpassed Japan, Canada, and Germany in energy consumed. As more recent data become available, India is likely to surpass Russia as the third-highest energy consuming country.
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ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».
U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.
U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.