Ad
related to: what is the global demand for liquefied natural gas (lng) price gasThe Abundance & Versatility Of Natural Gas Makes It A Valuable Energy Source. Learn More. Natural Gas Emits Less CO2 Than Coal. Read More.
Search results
Shell LNG Outlook 2024. Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth.
buildout of export capacity. IEEFA anticipates that nameplate LNG liquefaction capacity from projects that have already begun construction, or that are approved by financially capable backers, could add 193 million metric tons per year (MTPA) of new supply capacity from 2024 through 2028—a.
Nov 6, 2023 · Relatively full natural gas inventories in the United States and Europe as well as expanded global export and import capacity for liquefied natural gas (LNG) have improved the likelihood that supply will be sufficient to meet demand in global natural gas markets as we enter the upcoming 2023–24 winter season (November–March).
Sep 2, 2024 · Liquefied natural gas (LNG) export value worldwide in 2023, by country (in billion U.S. dollars)
The global liquefied natural gas market size was valued at USD 122.60 billion in 2024 and is expected to grow at a CAGR of 11.6% from 2025 to 2030. The growing demand for electric power through clean energy sources is likely to propel market growth over the coming years.
Jan 24, 2024 · Across scenarios, LNG demand is projected to grow by between 1.5 and 3.0 percent CAGR from 2023 to 2035, mainly driven by demand growth in the ASEAN and South Asia regions. In contrast, Europe is projected to see a gradual decline in LNG imports in line with overall gas demand.
People also ask
What is the global demand for liquefied natural gas (LNG)?
What is the global liquefied natural gas market size?
Will global liquefied natural gas supply increase by 2028?
Will liquefied natural gas supply meet demand in 2023–24?
How will global gas supply and demand affect the LNG market?
Why is the liquefied natural gas market growing?
Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China, and South Asian and South-east Asian countries use more LNG to support their economic growth. Learn more in the Shell LNG Outlook 2024.