$9.8 trillion of investment required in natural gas production between 2022 to 2050

Cumulative required investments in the natural gas production sector from 2022 to 2050 are $9.8 trillion in the Reference Scenario of this report. The LNG production sector will require an annual capacity addition ranging from 8 Mt/year to 18 Mt/year on average, during the outlook period up to 2050. In the international LNG market, LNG investment and construction activities are advancing, especially in the United States, partly supported by LNG offtake commitments under long-term contracts. On the other hand, projects for which investment decisions were made in the past also face uncertainty and delays. Therefore, there is no guarantee that […]