World's largest natural gas utilities 2019

Two of the largest natural gas utilities in the world are Towngas and Sempra Energy. Towngas (also known as The Hong Kong and China Gas Company Limited), headquartered in Hong Kong, had a market value of 36.2 billion U.S. dollars, while Sempra Energy’s market value totaled 34.9 billion U.S. dollars. Towngas largely imports natural gas from Australia and stores it at a LNG terminal in Shenzhen, China. Sempra Energy focuses largely on electric and natural gas infrastructure. Sempra LNG, one of Sempra Energy’s operating companies, develops LNG facilities and infrastructure across North America.

Natural gas electricity

Globally, it is projected that the installed power generation capacity of natural gas will increase over the next decades. Demand for natural gas has grown in the United States, especially for the electric power sector. Natural gas uses cogeneration and gas and steam turbines to generate electricity and is often used with renewable sources to help support utilities during peak-load periods. The combustion of natural gas is produces less carbon dioxide than other traditional sources of energy, like coal.

World's largest natural gas utilities as of April 2019, based on market value

Company name
(Country)
Market value in billion U.S. dollars
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Sources

Release date

May 2019

Region

Worldwide

Survey time period

as of April 18, 2019

Supplementary notes

Includes only public companies.

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Statistics on "Electric utilities in the United States"

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