The Natural Gas market is a global industry that involves the production, transportation, storage, and sale of natural gas. Natural gas is a combustible, colorless, and odorless gas composed primarily of methane and other hydrocarbons. It is used as a fuel for heating, cooking, and electricity generation.
The natural gas market is divided into two main segments: upstream and downstream. Upstream activities involve the exploration and production of natural gas, while downstream activities involve the transportation, storage, and sale of natural gas. Natural gas is transported through pipelines, ships, and trucks. It is stored in underground reservoirs and in liquefied form.
The natural gas market is highly competitive, with many companies involved in the production, transportation, storage, and sale of natural gas. Major players in the market include ExxonMobil, Chevron, Royal Dutch Shell, BP, Total, and Eni. Show Less Read more