Natural Gas security
The natural gas market is becoming more globalized, driven by the availability of shale gas and the rising supplies of liquefied natural gas. As gas trade increases, so do the concerns about natural gas security, as a demand or supply shock in one region may now have repercussions in others.
Global Gas Security Review 2016
Published: 24 November 2016
As the energy system becomes more globalised and interconnected, gas security challenges are evolving. The current period of gas oversupply – driven by overcapacity in the LNG market – should not overshadow the critical importance of global gas security.
The Global Gas Security Review 2016, the first edition of a new annual series,examines the evolving global gas market structures and looks at the market’s ability to respond to potential shocks. It shows that the current situation could lead to a false sense of comfort about gas security, which could evaporate quickly once market conditions change.
The report also analyses how LNG markets responded to the Fukushima accident through case studies focusing on Japan and Europe. Both regions have fuel-switching potential but also face structural changes as coal and oil-fired capacity retires, affecting the gas market’s flexibility to respond to overall shocks.
Global Gas Security Review 2016 also addresses two critical forward-looking questions: how much redundancy is embedded in the LNG upstream and liquefaction chain, and how flexible is LNG production?
Our work on Energy security
One of the IEA's core activities is ensuring the security of oil supplies by setting oil stockholding requirements for member countries and coordinating the international response to supply shocks
Natural Gas Security
Gas security challenges are evolving. The current period of gas oversupply – driven by overcapacity in the LNG market – should not overshadow the critical importance of global gas security
In May 2015, the Group of Seven (G7) Energy Ministers asked the IEA to help determine the best means of improving electricity security, including through increasing system flexibility
Member and Key Partner Emergency Policies
Since its founding in 1974, oil supply security has been a core mission of the International Energy Agency
The energy sector has to withstand demand or supply shocks in global energy markets, natural disasters, explosions or cyberattacks and other extreme events
In the event of an actual or potentially severe oil supply disruption, the IEA Secretariat first assesses its market impact and the need for an IEA co-ordinated response
Market Report Series: Oil 2017
Provides market analysis and forecasts to 2022
Gas Resiliency Assessment of Japan
Identify the natural gas supply security risks and challenges of Japan
Oil Information 2017
Detailed and comprehensive picture of oil supply, demand, trade, production and consumption
- Executive Director meets with Japan’s Minister of Economy, Trade and Industry
18 October 2017
- Market flexibility is improving thanks to LNG and markets currently well supplied but gas security remains a concern
18 October 2017
- OMR: Ready for a rainy day
13 September 2017
Events & workshops
The promise of fusion - innovation and the role of industry
OECD Headquarters, 2 rue André-Pascal, 75016 Paris