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Global LNG demand to increase by 50% by 2040

Global LNG demand is expected to increase by 50% to 625m-685m tons per year. This is a slight decrease from the 700m tons/year previously forecast by Shell. The company expects a supply gap to emerge in the 2030’s. The analysis seems to suggest that natural gas demand has already or is peaking in markets such as Japan and Europe but […]

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