Global LNG demand to rise at least 54% by 2040, Shell says

Shell forecasts global liquefied natural gas demand will rise 54–68% by 2040 and 45–85% by 2050 from 422 million metric tons in 2025. The projection implies stronger long-term demand for LNG, supporting upside for producers and signaling the need for additional upstream and export capacity investment.

Analysis

Shell forecasts global liquefied natural gas demand will rise 54–68% by 2040 and 45–85% by 2050 from 422 million metric tons in 2025. The projection implies stronger long-term demand for LNG, supporting upside for producers and signaling the need for additional upstream and export capacity investment.