Author(s): Nassif Jassim Ali Al-Abadi
This research discusses the issue of the natural gas industry in the future, especially liquefied gas, to give a picture of the future of the gas industry and its future results. The future oil industry confirms that it has a promising future, as global reserves of natural gas achieved cumulative growth rates during the past ten years from 2010-2021 until they reached (48%) and the amount of proven outlook of the reserves. It increased from (138) billion cubic meters in 2010 to (6641) billion cubic meters in 2021.This was accompanied by an increase in production quantities from (3150) billion cubic meters to (3853) billion cubic meters, achieving a growth rate of 3.1%. As for global consumption, it rose from (3160.5) billion cubic meters in 2010 to (3822.8) billion meters. Cube in 2021, thus increasing the consumption rate to (2.9%). When examining the above data, we note that the relative importance of natural gas has increased by a large percentage, as long as the quantities of proven reserves are widely available as a result of the acceleration of discoveries, and that the prices are low when compared to other fossil energy sources or others, as well as its technical specifications and efficiency Natural gas, including efficiency in electric power generation or industrial uses and less waste and environmental pollutants, all these reasons made the gas industry a focus of interest for investors and energy companies. The research reached a set of conclusions that confirm the validity of the hypothesis and stress the importance of future gas in the energy ladder and priorities, and may occupy an advanced position even in the oil industry.