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Global Oil & Gas-Yearly Update 2006

CYGNUS Business Consulting & Research, July 2007, Pages: 36


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The global demand for oil in 2006 was 83.72m b/d, whereas supply was 81.71m b/d (excluding the biomass and coal derivatives). The global consumption of gas in 2006 was 2,850 billion cubic meters (bcm), whereas the supply was 2,865bcm. The consumption of oil is dominated by North America, constituting 30% of the consumption of the global market, followed by Europe & Eurasia, and China. In gas, Europe and Eurasia dominates with 40% market share followed by North America and Middle East.The Global Oil and Gas Industry Insight -2007 provides the macro issues and gives a broad overview of the industry from the global perspective. It consists of chapters including the industry overview, major markets associated with the sector, the major players (total 10) driving the industry, mergers and acquisitions and future outlook provides the demand and supply scenario of oil and gas industry for 2007.



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