Global gas markets long-term outlook 2020: Global Supply

Overall global gas output grows by 1,110 bcm, or 30%, between 2020 and 2040 in our latest view. The coronavirus and oil price crash have had an impact on global gas supply, which is particularly evident through the 2020s. Despite the setback due to the coronavirus and oil price crises, United States remains the world's largest producer throughout our forecast as shale output continues to rise. Russia retains its position as the biggest net exporter of gas as its export infrastructure expands, particularly due to new LNG projects. Much of the global gas export growth will be attributed to LNG, which is expected to overtake global piped exports in early-2020s.