IEA trims back global LNG supply glut forecast but still warns on project risks

LNG capacity under development by supplying country, 2010–2035

The IEA’s World Energy Outlook 2025 delivers a more measured assessment of the coming global LNG supply wave. While an unprecedented 300 bcm of new liquefaction capacity is set to come online by 2030, stronger-than-expected gas demand—especially in emerging Asia—means the projected LNG glut is now far smaller than previously feared. In the Stated Policies Scenario (STEPS), the IEA sees […]

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