Canada's natural gas production amounted to 190.3 billion cubic meters in 2023, the highest figure recorded during the period of consideration and figures reached the record low of 149.6 billion cubic meters in 2010.

Canada Energy Balance: Primary: Total Crude: Natural Gas Liquids: Production data was reported at 21,179.645 Barrel th in Feb 2025. This records a decrease from the previous number of 23,588.815 Barrel th for Jan 2025. Canada Energy Balance: Primary: Total Crude: Natural Gas Liquids: Production data is updated monthly, averaging 18,466.405 Barrel th from Jan 2009 (Median) to Feb 2025, with 194 observations. The data reached an all-time high of 26,009.680 Barrel th in Dec 2015 and a record low of 13,776.710 Barrel th in Jun 2018. Canada Energy Balance: Primary: Total Crude: Natural Gas Liquids: Production data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Canada – Table CA.JODI.WDB: Energy Balance: Oil. Liquid or liquefied hydrocarbons recovered from gas separation plants and gas processing facilities; Production of Crude Oil only. Production: Crude Oil - Indigenous Production Marketed production, after removal of impurities but including quantities consumed by the producer in the production process.

This table contains 175 series, with data for years 1966 - 2002 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (125 items: Total; Total Americas; North America; United States; ...);  Estimates (2 items: Natural gas production; Natural gas proved reserves).

Key information about Canada Natural Gas Production: OPEC: Marketed Production

• Canada Natural Gas Production: OPEC: Marketed Production was reported at 207,456.457 Cub m mn in Dec 2023
• This records an increase from the previous number of 203,343.000 Cub m mn for Dec 2022
• Canada Natural Gas Production: OPEC: Marketed Production data is updated yearly, averaging 121,435.000 Cub m mn from Dec 1960 to 2023, with 64 observations
• The data reached an all-time high of 207,456.457 Cub m mn in 2023 and a record low of 13,590.000 Cub m mn in 1960
• Canada Natural Gas Production: OPEC: Marketed Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.NG: Natural Gas Production: Marketed Production

The Canada Energy Regulator (CER) regulates the export of natural gas. Orders or licenses are required to export natural gas, including liquefied natural gas, from Canada. Holders of these authorizations report monthly on their activities to CER. Import and export activities are available by port from 1985 to August 2024. Data is delayed by approximately 2 months. Going forward, natural gas export data is available on this website. Disclaimer: The CER stopped authorizing natural gas import activities in August 2022 as it is not a requirement under the Canadian Energy Regulator Act (see the CER’s 3 February 2023 letter - https://www.cer-rec.gc.ca/en/about/how-we-regulate/guidance/cera/gas-import-authorization-regulatory-change-no-new-import-authorizations-required.html). This impacted the natural gas (including liquefied natural gas) import data submitted to the CER. Since the CER stopped authorizing import activities, natural gas reports are based on incomplete data and do not reflect the total volumes imported. The CER’s natural gas import reports will be discontinued after October 2024. Historical data will remain on our website. Another set of natural gas import data is available through Statistics Canada’s Canadian International Merchandise Trade web application (https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2021004-eng.html).

Canadian Marketable Natural Gas Production, The Energy Market Assessment, Short-term Canadian Natural Gas Deliverability 2016-2018, provides an estimate of the amount of marketable natural gas by gas grouping and by province from the beginning of 2016 to the end of 2018. The outlook presents three distinct cases, a Higher Price Case, Mid-Range Price Case, and a Lower Price Case, each of which are based on a set of assumptions, which are described in detail at: http://www.neb-one.gc.ca/nrg/sttstc/ntrlgs/rprt/2016-2018ntrlgsdlvrblty/index-eng.html. The dataset also provides monthly historical production by Western Canada gas grouping from the beginning of 1998 to the end of 2015. Annual drilling days and number of wells drilled by gas grouping and well depth are included, as are initial production rates and decline parameters by well vintage by grouping for the period 2000-2018.

This table contains 175 series, with data for years 1966 - 2002 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (125 items: Total; Total Americas; North America; United States; ...); Estimates (2 items: Natural gas production; Natural gas proved reserves).

The Canadian oil and gas market, valued at approximately $X million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) exceeding 1.80% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, consistent global demand for energy, particularly natural gas, positions Canada strategically due to its vast reserves. Secondly, ongoing investments in upstream activities, including exploration and production enhancements, are stimulating market expansion. Technological advancements, such as enhanced oil recovery techniques and improved drilling methods, are also contributing factors. The midstream sector is witnessing growth in pipeline infrastructure development to facilitate efficient transportation, while the downstream sector benefits from increased refining capacity and petrochemical production. However, the market faces challenges such as environmental regulations aimed at reducing carbon emissions and increasing pressure for transitioning to renewable energy sources. These regulatory pressures necessitate investments in cleaner technologies and carbon capture initiatives, influencing the long-term trajectory of market growth. The segmentation of the market into upstream, midstream, and downstream reflects the interconnected nature of the industry, with each sector influencing the overall market dynamics. Key players like Shell PLC, Chevron Corporation, and others are actively shaping the market landscape through strategic investments and operational efficiencies. The forecast period (2025-2033) will likely see a continued emphasis on responsible resource extraction and environmental stewardship. Government policies aimed at balancing energy security with environmental concerns will play a significant role in shaping the industry’s future. The competition among established players and the emergence of new entrants will also impact market share and pricing dynamics. Regional variations in resource availability, infrastructure development, and government regulations will influence the market’s geographic performance. Canada's position as a major energy exporter will continue to contribute to its overall economic growth, albeit with a greater focus on sustainability and diversification in energy sources moving forward. Future growth will depend heavily on the balance between meeting global energy demand, environmental responsibility, and technological innovation. Precise figures beyond the given CAGR require detailed analysis of specific sector performance and regulatory changes. Recent developments include: In March 2022, Pembina Pipeline Corp. announced a deal with private equity firm KKR to combine their western Canadian natural gas processing assets into a new joint venture. Pembina will own a 60% stake in the joint venture and serve as the operator and manager. KKR's global infrastructure funds will hold 40%., In November 2021, Woodfibre LNG signed an Engineering, Procurement, Fabrication, and Construction (EPFC) contract with McDermott International. The EPFC contract is an important step in advancing detailed engineering and construction scheduling work in advance of Woodfibre LNG.. Notable trends are: Upstream Sector to be the Fastest Growing Sector.

Data presented at the national and provincial levels for monthly supply and disposition of natural gas. Not all combinations are available.

Canadian Marketable Natural Gas Production, The Energy Market Assessment, Short-term Canadian Natural Gas Deliverability 2016-2018, provides an estimate of the amount of marketable natural gas by gas grouping and by province from the beginning of 2016 to the end of 2018. The outlook presents three distinct cases, a Higher Price Case, Mid-Range Price Case, and a Lower Price Case, each of which are based on a set of assumptions, which are described in detail at: https://www.cer-rec.gc.ca/en/index.html. The dataset also provides monthly historical production by Western Canada gas grouping from the beginning of 1998 to the end of 2015. Annual drilling days and number of wells drilled by gas grouping and well depth are included, as are initial production rates and decline parameters by well vintage by grouping for the period 2000-2018.

Forecast: Total Support on Natural Gas for Fossil Fuel Production in Canada 2024 - 2028 Discover more data with ReportLinker!

Canada CA: Electricity Production From Oil: Gas And Coal Sources: % of Total data was reported at 18.831 % in 2023. This records an increase from the previous number of 17.525 % for 2022. Canada CA: Electricity Production From Oil: Gas And Coal Sources: % of Total data is updated yearly, averaging 21.858 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 28.926 % in 2001 and a record low of 17.525 % in 2022. Canada CA: Electricity Production From Oil: Gas And Coal Sources: % of Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Environmental: Energy Production and Consumption. Sources of electricity refer to the inputs used to generate electricity. Oil refers to crude oil and petroleum products. Gas refers to natural gas but excludes natural gas liquids. Coal refers to all coal and brown coal, both primary (including hard coal and lignite-brown coal) and derived fuels (including patent fuel, coke oven coke, gas coke, coke oven gas, and blast furnace gas). Peat is also included in this category.;IEA Energy Statistics Data Browser, https://www.iea.org/data-and-statistics/data-tools/energy-statistics-data-browser;Weighted average;

Canada Total Energy Production: Natural Gas data was reported at 7.219 BTU qn in 2023. This records an increase from the previous number of 6.981 BTU qn for 2022. Canada Total Energy Production: Natural Gas data is updated yearly, averaging 5.795 BTU qn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 7.219 BTU qn in 2023 and a record low of 2.612 BTU qn in 1983. Canada Total Energy Production: Natural Gas data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s Canada – Table CA.EIA.IES: Energy Production and Consumption: Annual.

Forecast: Total Support on Natural Gas for Producers in Canada 2024 - 2028 Discover more data with ReportLinker!

Canada CA: Electricity Production From Natural Gas Sources: % of Total data was reported at 13.614 % in 2023. This records an increase from the previous number of 12.670 % for 2022. Canada CA: Electricity Production From Natural Gas Sources: % of Total data is updated yearly, averaging 6.822 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 13.614 % in 2023 and a record low of 1.694 % in 1991. Canada CA: Electricity Production From Natural Gas Sources: % of Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Environmental: Energy Production and Consumption. Sources of electricity refer to the inputs used to generate electricity. Gas refers to natural gas but excludes natural gas liquids.;IEA Energy Statistics Data Browser, https://www.iea.org/data-and-statistics/data-tools/energy-statistics-data-browser;Weighted average;Electricity production shares may not sum to 100 percent because other sources of generated electricity (such as geothermal, solar, and wind) are not shown. Restricted use: Please contact the International Energy Agency for third-party use of these data.

Snapshot img { margin: 10px !important; } The global natural gas market has the potential to grow by USD 137.51 billion during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth.

This report provides a detailed analysis of the market by resource type (conventional and unconventional) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including BP Plc, Chevron Corp., ConocoPhillips Co., Exxon Mobil Corp., PetroChina Co. Ltd., PJSC Gazprom, Royal Dutch Shell Plc, Saudi Arabian Oil Co., Suncor Energy Inc., and TOTAL SA.

Market Overview

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Market Competitive Analysis

The natural gas market is currently highly fragmented, and the degree of fragmentation will remain the same during the forecast period. Vendors are focusing on unconventional exploration and production activities to increase revenue generation. BP Plc, Chevron Corp., ConocoPhillips Co., and Exxon Mobil Corp. are some of the major market participants. Although the investments in upstream projects will offer immense growth opportunities, the environmental concerns related to drilling will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market positions, this natural gas market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this natural gas market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading natural gas companies, including:

BP Plc
Chevron Corp.
ConocoPhillips Co.
Exxon Mobil Corp.
PetroChina Co. Ltd.
PJSC Gazprom
Royal Dutch Shell Plc
Saudi Arabian Oil Co.
Suncor Energy Inc.
TOTAL SA

Natural Gas Market: Segmentation by Region

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North America was the largest market for natural gas in 2019, and the region will continue to offer maximum growth opportunities to vendors. The natural gas production output in North America has increased significantly in recent years owing to unconventional exploration and production activities, such as drilling, in shale reserves in the region.

Over 36% of the market’s growth will originate from North America during the forecast period. The growing number of onshore and offshore natural gas projects and rising investments and initiatives undertaken by various governments will contribute to the natural gas market size growth in the region. The US and Canada are the key markets for natural gas in North America. Market growth in this region will be faster than the growth of the market in other geographies.

Natural Gas Market: Segmentation by Resource Type

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Oil and natural gas production from conventional resources hold a significant share in the oil and gas industry. The availability of conventional resources of natural gas is high in natural gas-producing countries such as Russia, Iran, Qatar, and China. The rising demand for natural gas and increasing investments in the upstream sector are driving the growth of the global natural gas market by the conventional segment.

However, market growth by the conventional segment will be slower than the growth of the market by the unconventional segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the natural gas market size.

Natural Gas Market: Key Drivers and Trends

The growing population and industrial development have been increasing the demand for energy across the world. Therefore, many countries are exploring untapped oil and gas resources with the help of technological advances in the oil and gas industry. Moreover, oil and gas operators are increasingly investing in mature oil and gas fields to overcome the issue of declining conventional oilfields and maximize their revenue. Such increasing investments in the upstream oil and gas sector across the world

Canada CA: Fossil Fuel Energy Consumption: % of Total data was reported at 74.089 % in 2015. This records an increase from the previous number of 73.193 % for 2014. Canada CA: Fossil Fuel Energy Consumption: % of Total data is updated yearly, averaging 75.993 % from Dec 1960 (Median) to 2015, with 56 observations. The data reached an all-time high of 86.215 % in 1965 and a record low of 71.698 % in 1994. Canada CA: Fossil Fuel Energy Consumption: % of Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Environmental: Energy Production and Consumption. Fossil fuel comprises coal, oil, petroleum, and natural gas products.;IEA Statistics © OECD/IEA 2014 (https://www.iea.org/data-and-statistics), subject to https://www.iea.org/terms/;Weighted average;Restricted use: Please contact the International Energy Agency for third-party use of these data.

This table contains 43 series, with data for years 1989 - 2013 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...) Type of natural gas liquids and liquefied petroleum gases (4 items: Total natural gas liquids and liquefied petroleum gases; Propane; Butane; Ethane ...) Supply and demand (11 items: Refinery production; Total supply; Gas plant production; Imports ...).

This statistic indicates the total natural gas revenue in Canada from 2000 to 2015. In 2015, there was a total of 17 billion Canadian dollars in natural gas revenue in the country. Canada is one of the largest producers and exporters of natural gas in the world energy market.

Canada CA: Natural Gas Rents: % of GDP data was reported at 0.794 % in 2021. This records an increase from the previous number of 0.000 % for 2020. Canada CA: Natural Gas Rents: % of GDP data is updated yearly, averaging 0.822 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 3.221 % in 2005 and a record low of 0.000 % in 2020. Canada CA: Natural Gas Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Environmental: Land Use, Protected Areas and National Wealth. Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.;World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations.;Weighted average;