Canada is the world’s 52nd-largest producer of natural gas and the country’s output increased by 2% in 2022, over 2021. The country accounts for 38% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Canada in its report, Canada Exploration & Production, 2022. Buy the report here.
Over the five years to 2022, production from Canada decreased by a CAGR of 0.47% and is expected to rise by a CAGR of 1% between 2023 and 2027.
The largest producers of natural gas in Canada are Tourmaline Oil, Canadian Natural Resources and ARC Resources. Tourmaline Oil was the largest producer of natural gas in 2022 with output up by 13% on 2021.
Canadian Natural Resources was the second-largest producer, with output up by 24%, and ARC Resources was third with an increase of 10% on the previous year.
There are 69 natural gas producing fields in Canada, all located onshore. The Alberta has the majority of the natural gas fields in the country with 40.
For more detailed analysis of natural gas sector in Canada, buy the report here.