Natural Gas Distribution & Marketing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 10/9/2017
SIC Codes: 4924
NAICS Codes: 221210
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Natural Gas Distribution & Marketing Industry Profile

Companies in this industry operate natural gas distribution systems that serve customer locations, broker the sale of gas to distributors, and buy natural gas and directly distribute it to customers. Major companies include Sempra Energy, CenterPoint Energy, and NiSource (all based in the US); Gas Natural (Spain); GasTerra (the Netherlands); Gazprom (Russia); Centrica (the UK); and Engie (France); as well as the natural gas distribution subsidiaries of US companies such as Dominion Energy and Duke Energy.

Global consumption of natural gas totals about 12 trillion cubic feet (Tcf). Natural gas consumption is expected to be about 70% higher in 2040 than it was in 2012 due to abundant resources, robust production, and strong demand in the power generation and industrial sectors, according to the US Energy Information Administration. Growth in natural gas consumption is strongest in emerging markets, including China and India.

The US natural gas distribution and marketing industry includes about 2,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $95 billion.

Natural gas producers are covered in the Oil & Gas Exploration & Production industry profile. Companies primarily engaged in pipeline transportation of natural gas from production sites to distribution systems are covered in the Natural Gas Pipelines industry profile.

COMPETITIVE LANDSCAPE

Demand for natural gas is driven by energy use, which in turn is influenced by overall economic activity. The profitability ...

 
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