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Natural Gas
The coming LNG wave is set to profoundly transform the global gas market
Global gas markets, which have been tight and volatile for several years, are set to undergo major changes by the end of this decade. The unfolding coming wave of liquefied natural gas (LNG) production capacity is set to rebalance the global gas market, enhance energy supply security and improve the affordability of natural gas.
About 300 billion cubic metres (bcm) per year of LNG export capacity – a record – is set to be added by 2030, primarily supported by liquefaction capacity additions in the United States and Qatar…
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Gas Market Report, Q2-2025
…to work together to reinforce efforts to ensure reliable gas supplies. This will be among the topics addressed at the international Summit on the Future of Energy Security, convened by the IEA, in partnership with the UK Government, on 24-25 April 2025. Beyond the growing complexity of gas supply security both in the short and long term, the decarbonisation of gas and the broader energy system will require the deployment and scaling up of low-emissions gases. Part of the IEA’s Low-Emissions Gases Work Programme, this quarterly Gas Market Report includes a special section on the nascent…
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Delivering Sustainable Fuels
…fuels, innovation to expand production potential, robust and mutually agreed carbon accounting methodologies to ensure that sustainability criteria are met, long-term investment in infrastructure, and more accessible financing, especially in emerging and developing economies.This report was prepared in support of Brazil’s COP30 Presidency and its Climate Action Agenda. It presents a sectoral analysis of global pathways for accelerating the deployment of sustainable liquid and gaseous fuels to 2035. It also summarises cumulative policy experience to date, identifies key technology and infrastructure requirements for scaling up deployment, and highlights resulting benefits that extend well beyond emissions reductions. Finally…
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Gas Market Report, Q2-2026
…a significant amount of new LNG capacity that had been on track to come online in the second half of this decade. While gas producers are making efforts to increase supply, the demand side is set to play a key role in balancing the market – particularly in Asia, where fuel switching is already picking up alongside energy-saving measures.The current energy crisis highlights the need to further strengthen the architecture of global gas supply security. The International Energy Agency (IEA) continues to support this process, including through the permanent Working Party on Natural Gas and Sustainable Gases Security (GWP).
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Methane Abatement
…and gas production. However, methane emissions from the energy sector plateaued near record highs in 2025 – revealing a large implementation gap.
Still, there is significant scope for further action. Around 70% of fossil fuel methane emissions in 2025 came from the top 10 emitting countries. Meanwhile, the methane intensity of oil and gas production varies widely across countries – with the best performers scoring more than 100 times better than the worst.
And with energy security in focus around the world, methane abatement could deliver benefits by putting more gas to productive use. Efforts to cut methane from oil and gas…
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Prospects for Natural Gas Certification
…such as greenhouse gas (GHG) emissions performance, water use, local community impacts and worker safety – have been independently verified against defined criteria or benchmarks. In 2024, around 7.5% of global natural gas production was certified, with volumes primarily originating from North America. As certification continues to evolve, opportunities remain to improve consistency, transparency and coverage across the full supply chain. To support further progress, the report outlines potential policy actions for governments to consider –such as international collaboration on harmonisation, setting minimum standards for certification, and exploring ways in which certification could complement emerging regulatory and market frameworks.While…
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Global Methane Tracker 2025 Regional insights
…and gas facilities in Venezuela. Oil and gas facilities are the main sources of methane emissions in Venezuela, Argentina and Brazil, and coal mines are the largest source in Colombia.The upstream methane emissions intensity of oil and gas operations in Venezuela is six times the global average, and its flaring intensity is ten times the global average. Operations in Argentina and Ecuador are around twice the global average, while Brazil and Colombia perform slightly below the global average. Little measurement data is available across countries in Central and South America, with large parts of its oil and gas production…
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Blueprint for Action on Just and Inclusive Energy Transitions
…by G20 leaders in 2024, the Global Commission has provided examples to highlight how energy policies can be designed and implemented to support fairer outcomes. The Global Commission has focused on key aspects of each principle and shared selected policies from around the world to show how these are being addressed in different settings.The 2024 Global Commission, convened by IEA Executive Director Dr. Fatih Birol, is co-chaired by Brazil’s Minister of Mines and Energy, Alexandre Silveira de Oliveira, and European Commission Executive Vice-President for a Clean, Just and Competitive Transition, Teresa Ribera. The commission comprises energy…
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Gas Market Report, Q3-2025
…uncertainties that could affect this report’s short-term forecasts. The conflict between Israel and Iran highlighted the Middle East’s important role in energy security and served as a stark reminder that geopolitical tensions can easily distort a still-fragile global gas balance. This report includes a special section on the Middle East. Meanwhile, global LNG supply growth is set to accelerate in 2026 to its fastest pace since 2019, primarily driven by additions in the United States, Canada and Qatar. Easing supply fundamentals are expected to support stronger gas demand growth, especially in key Asian import markets.
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Assessing emissions from LNG supply and abatement options
…are starting to assess the emissions intensity of oil and gas imports, for example, through the EU regulation on methane emissions and the Coalition for LNG Emissions Abatement toward Net-zero (CLEAN). There has been a large increase in the availability and reporting of emissions data from the natural gas value chain in recent years. However, estimates are still subject to a high degree of uncertainty. This interim report estimates emissions from LNG supply today, based on the latest and best available data including those from scientific studies and measurement campaigns. It covers upstream production and processing of natural gas…
