Search

Watch insightful videos on the latest trends, innovations, and challenges cross the gas industry, presented by both experts and IGU members.

Explore IGU's advocacy efforts promoting sustainable, secure, and efficient natural gas solutions worldwide.

Watch insightful videos on the latest trends, innovations, and challenges cross the gas industry, presented by both experts and IGU members.

Welcome to the home page of the International Gas Union!

Read authoritative documents which explore key issues, trends, and recommendations, written by industry leaders.

IGU President Joe M. Kang, joins IHS Markit Vice Chairman Daniel Yergin to discuss the role of gas in the future energy mix. Flexible, abundant, and lower carbon-emitting, gas in its many forms presents versatile opportunities for countries and industries on the road to net zero.

A press release was issued by the Secretariat of the International Gas Union (IGU),Oslo, Norway on 25 March 2014 entitled LNG is driving gas globalisation.

The 2015 IGU Wholesale Gas Price survey is the eighth to be undertaken in a series which began 10 years ago. The eight surveys have confirmed the significant changes in wholesale price formation mechanisms during a period of key developments and upheaval in the global gas market.

In 2019, global Gas consumption totalled approximately 3,990 bcm with Gas-on-Gas competition (GOG) as the dominant pricing mechanism, accounting for 48% of total volume. This was followed by Oil Price Escalation (OPE) at 19%, while the regulated categories – RSP (14%), RCS (10%), and RBC (6%) – made up a combined 30%. Bilateral Monopoly (BIM) held a modest 3%, while NET and NP mechanisms were negligible, together comprising less than 1%. The data reflects a broad global shift towards market-based pricing, with GOG now the leading model for Gas consumption across regions.