The global natural-gas glut extended into 2011 as high prices diminished demand in Europe and drove use of cheaper coal, accelerated by Germany's decision to abandon nuclear power, BP said in its latest Statistical Review of World Energy 2012.
World gas production grew by 3.1 percent while consumption lagged behind at 2.2 percent, extending a period of oversupply as demand in recession-hit Europe fell by a record 9.9 percent last year.
Coal consumption grew by 5.4 percent last year.
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