Natural demand gas expanding by a fifth by 2050

In both of the BP scenarios, demand for LNG, grows rapidly until 2030, rising by 40% and 30% above 2022 levels in the Current Trajectory and Net Zero, respectively. LNG demand increases by more than 25% over the subsequent 20 years. This demand growth requires 300 Bcma of additional liquefaction capacity to come online post 2030.