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Exxon Boosts 2030 LNG Sales Forecast on Strong Demand Growth

Source: Bloomberg

Energy Markets & PricesCommodities & Raw MaterialsCorporate Guidance & OutlookGeopolitics & War

Exxon Mobil raised its liquefied natural gas sales forecast, citing expectations for durable long-term demand in Asia and other markets. The more constructive LNG outlook supports Exxon’s gas-growth strategy, although the Middle East war is prompting some countries to reassess their dependence on the fuel.

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