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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.
- Liquefied natural gas (LNG)
Global demand for liquefied natural gas (LNG) is estimated...
- Liquefied natural gas (LNG)
Spot prices of liquefied natural gas (LNG) delivered worldwide as of January 2024, by select destination country (in U.S. dollars per million British thermal units)
Apr 25, 2024 · Lackluster demand growth and a massive wave of new export capacity are poised to send global liquefied natural gas (LNG) markets into oversupply within two years. These two trends are developing even faster than anticipated.
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.
Jan 26, 2024 · LNG supplies are expected to grow by 3.5% this year – well below the 8% growth rate experienced between 2016-20 – as delays in new liquefaction plants and issues surrounding the availability of feedgas at existing projects could push back supply growth to 2025.
Feb 14, 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, according to Shell’s LNG Outlook 2024.
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What is the global demand for liquefied natural gas (LNG)?
Will global demand for liquefied natural gas rise by 50% by 2040?
Are liquefied natural gas markets oversupply?
Will liquefied natural gas supply meet demand in 2023–24?
What is liquefied natural gas (LNG)?
How will global LNG supply affect demand growth in 2024?
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).