2026年天然气批发价格调查报告

TABLE OF CONTENTS B. 2005 to 2010: Wholesale Price MechanismsC. 2010 to 2015: Wholesale Price MechanismsD. 2015 to 2020: Wholesale Price MechanismsE. 2020 to 2025: Wholesale Price MechanismsF. 2005 to 2025: Wholesale Price LevelsG. Global Gas Price Convergence SummaryH. 2005 to 2025: Overview62656768707879 MESSAGE FROM THE PRESIDENT6 EXECUTIVE SUMMARYLessons and Looking Ahead20 Years of WGPS – A RetrospectiveLNG ImportsWholesale Price Levels791213 APPENDIX A – REGIONAL RESULTSA. North Americai. North America 2025 Survey Resultsii. North America Comparison 2005 to 2025858585 1. INTRODUCTIONA. BackgroundB. Analysing the ResultsC. Report Layout151616 B. EuropeI. Europe 2025 Survey ResultsII. Europe Comparison 2005 to 2025868686 2. LOOKING AHEADA. Geopolitical and Regulatory Risks to theGlobal Gas MarketB. LNG Wave ImpactC. Price Shocks192325 C. AsiaI. Asia 2025 Survey ResultsII. Asia Comparison 2005 to 2025919191 3. WORLD RESULTS FROM THIS SURVEYA. Introduction29 D. Asia PacificI. Asia Pacific 2025 Survey ResultsII. Asia Pacific Comparison 2005 to 2025949495 B. Domestic Productioni. 2025 Survey Results – Domestic Productionii. 2005 to 2025 Comparisons – Domestic Production303031 E. Latin AmericaI. Latin America 2025 Survey ResultsII. Latin America Comparison 2005 to 2025989898 C. Pipeline Importsi. 2025 Survey Results – Pipeline Importsii. 2005 to 2025 Comparisons – Pipeline Imports323233 F. Former Soviet UnionI. Former Soviet Union 2025 Survey ResultsII. Former Soviet Union Comparison 2005 to 20259999100 D. LNG Importsi. 2025 Survey Results – LNG Importsii. 2005 to 2025 Comparisons – LNG Imports343436 G. AfricaI. Africa 2025 Survey ResultsII. Africa Comparison 2005 to 2025101101101 E. Total Importsi. 2025 Survey Results – Total Importsii. 2005 to 2025 Comparisons – Total Imports404041 I. Middle EastI. Middle East 2025 Survey ResultsII. Middle East Comparison 2005 to 2025103103103 F. Total Consumptioni. 2025 Survey Results – Total Consumptionii. 2005 to 2025 Comparisons – Total Consumption424245 APPENDIX B – GLOBAL GAS PRICECONVERGENCEA. IntroductionB. Measuring Price ConvergenceC. Price Convergence Using the Survey DataD. Conclusions105105105113 4. WHOLESALE PRICES FROM THIS SURVEYA. Introduction47 B. 2025 Survey Resultsi. Price Levels by Price Formation Mechanismii. Price Levels by Region and Country484849 APPENDIX C – GOG AND OPEDEVELOPMENTS114 C. Comparisons 2005 to 2025i. Changes in Wholesale Prices by Price FormationMechanismsii. Changes in Wholesale Prices by Region515152 APPENDIX D – SURVEY METHODOLOGYA. Data CollectionB. Analysing the Results118120 5. RETROSPECTIVE 2005–2025A. The Changing Global Gas Market 2005-202556 FIGURES Figure 1 – Changes in GOG by Consumption Category 2005 to 2025Figure 2 – Changes in Price Formation Mechanism Shares - 2005 to 2025Figure 3 - Wholesale Price Formation Mechanisms Map 2025Figure 4 - World Price Formation 2005 to 2025 – LNG ImportsFigure 5 - Wholesale Price Levels 2005 to 2025 by RegionFigure 6 - China Pipeline Gas Imports 2019-2026 (mcm)Figure 7 - Global Available LNG Liquefaction Capacity: Historic vs Future Scenarios (Bcm per Year)Figure 8 - TTF and NBP Month Ahead in 2021-2022 and 2025-2026 (US$/MMBtu)Figure 9 - World Price Formation 2025 – Domestic ProductionFigure 10 - Regional Price Formation 2025 – Domestic ProductionFigure 11 - World Price Formation 2005 to 2025 – Domestic ProductionFigure 12 - World Price Formation 2025 – Pipeline ImportsFigure 13 - Regional Price Formation 2025 – Pipeline ImportsFigure 14 - World Price Formation 2005 to 2025 – Pipeline ImportsFigure 15 - World Price Formation 2025 – LNG ImportsFigure 16 - Regional Price Formation 2025 – LNG ImportsFigure 17 - World Price Formation 2005 to 2025 – LNG ImportsFigure 18 - GOG LNG Imports 2005 to 2025Figure 19 - World LNG Price Formation 2005 to 2025 – Spot LNG ImportsFigure 20 - GOG Spot LNG Imports 2005 to 2025Figure 21 - World Price Formation 2025 – Total ImportsFigure 22 - World Price Formation 2005 to 2025 – Total ImportsFigure 23 - World Price Formation 2025 – Total ConsumptionFigure 24 - Regional Price Formation 2025 – Total ConsumptionFigure 25 - World Price Formation 2005 to 2025 – Total ConsumptionFigure 26 - Wholesale Prices in 2025 by Price Formation MechanismFigure 27 - Wholesale Prices in 2025 by RegionFigure 28 - Wholesale Prices in 2025 by MarketFigure 29 - Wholesale Prices Heat Map 2025Figure 30 - Wholesale Price Levels 2005 to 2025 by Price Formation MechanismFigure 31 - Wholesale Price Levels 2005 to 2025, by RegionFigure 32 - Wholesale Price Formation Mechanisms Map 2005Figure 33 – World and Regional Price Formation Mechanism Shares 2005Figure 34 - Wholesale Price Formation Mechanisms Map 2010Figure 35 – World and Regional Price Formation Mechanism Shares 2010Figure 36 - Wholesale Price Formation Mechanisms Map 2015Figure 37 – World and Regional Price Formation Mechanism Shares 2015Figure 38 - Wholesale Price Formation Mechanisms Map 2020Figure