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The effects of natural gas on the economy of countries

 Natural gas is one of the types of fossil fuels that are formed in the depths of the earth's surface as a result of the accumulation of the remains of living organisms, such as: Plants and animals, as the remains of these organisms are exposed to high pressure and heat for a long period of time with sufficient depth for the maturation of organic matter. Natural gas consists of a variety of chemicals, the most important of which are methane and non-hydrocarbon gases, including carbon dioxide and water vapor.

The effects of natural gas on the economy of countries

The most of effects of natural gas on the economy of countries:

    Improve the economy:

The availability of natural gas in the country helps in the growth and improvement of the economy by allowing local industries to flourish and survive, which leads to the availability of more jobs for workers and support for obtaining new jobs, improving the quality of infrastructure and benefiting from the workforce, thus reducing the cost of living and improving services.

    Industries development:

The effect of natural gas appears in improving the economy of countries through the manufacture of fertilizers, chemicals, and pharmaceuticals, which leads to an increase in exports and revitalization of trade movement inside and outside the country.

    lower costs:

The availability of natural gas in the country contributes to addressing the problem of the low level of supply and demand in the commercial markets. The disruption of facilities due to the lack of available resources is a problem that needs to be solved, and the presence of natural gas is essential in solving the problems of the local industry since it leads to reducing fuel costs, and thus reducing the cost of Commodities, subsidizing low energy costs.

    Improve the standard of living:

One of the positive effects of natural gas in the long run for the economy of countries is that it helps to raise the standard of living in the country, such as; Raising average salaries, which in turn brings prosperity to the individual, and improves state and local tax revenue. For example, North Dakota now has the lowest unemployment rate in the country, due almost exclusively to the use of fuels from oil and gas.

    Reduce imports:

The most important effect of the presence of natural gas in the country is to reduce its imports from other countries and its dependence on its existing materials, and thus the presence of gas reduces the burden that can occur in the state budget due to the need for gas exported from other countries.

Natural gas uses:

  • Industrial sector: As a fuel for heating, and for the production of chemicals, fertilizers, hydrogen, and textiles.
  • domestic sector: For heating buildings, cooking, water heating, stoves and ovens, lighting fixtures and other appliances.
  • Business sector: To operate refrigeration equipment, cooking, drying clothes, and providing outdoor lighting.
  • Transport sector: To operate compressors that transport natural gas through pipelines, as well as vehicle fuels in the form of CNG and LNG.
  • electric power sector: For electricity generation, usable heat production.
  • A source of heat for making steel glass, cement, bricks, ceramics, tiles, paper, and many other commodities.


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