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          1. Natural Gas Distribution & Marketing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 9/7/2020
            SIC Codes: 4924
            NAICS Codes: 221210
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Natural Gas Distribution & Marketing Industry Profile

            Companies in this industry operate natural gas distribution systems that serve customer locations, broker the sale of gas to distributors, and buy natural gas and directly distribute it to customers. Major companies include Sempra Energy, CenterPoint Energy, and NiSource (all based in the US); Naturgy (Spain); GasTerra (the Netherlands); Gazprom (Russia); Centrica (the UK); and Engie (France); as well as the natural gas distribution subsidiaries of US companies such as Dominion Energy and Duke Energy.

            Global consumption of natural gas totals about 140 trillion cubic feet (Tcf). Natural gas consumption is expected to be more than 40% higher in 2050 than it was in 2018 due to abundant resources, robust production, and strong demand in the power generation and industrial sectors, according to the US Energy Information Administration. Growth in natural gas consumption is strongest in emerging markets, including China and India.

            The US natural gas distribution and marketing industry includes about 2,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $110 billion.

            Natural gas producers are covered in the Oil & Gas Exploration & Production industry profile. Companies primarily engaged in pipeline transportation of natural gas from production sites to distribution systems are covered in the Natural Gas Pipelines industry profile.

            COMPETITIVE LANDSCAPE

            Demand for natural gas is driven by energy use, which in turn is influenced by overall economic activity. The profitability ...

             
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