Global LNG demand expected to grow by 65% by 2050

Global LNG demand forecast range compared with LNG supply in operation and under construction

Global LNG demand is expected to grow by around 65% by 2050, with Shell forecasting 660–710 mtpa by 2040 and 610–780 mtpa by 2050. Although the latest outlook is slightly more conservative than the company’s earlier projection of around 650 mtpa by 2040, it continues to highlight robust long-term demand growth led by Asia. Global LNG demand is forecast to remain on a long-term growth path, […]

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