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    • Around 625-685 million tonnes a year

      • Demand for natural gas has already peaked in some regions but continues to rise globally, with LNG demand expected to reach around 625-685 million tonnes a year in 2040, according to the latest industry estimates.
  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. www.igu.org › resources › 2024-world-lng-report2024 World LNG Report - IGU

    Jun 26, 2024 · The global LNG market now connects 20 exporting with 51 importing markets, while supply is currently the primary limiting factor on growth. After two years of severe turbulence, the LNG market has a newfound but fragile equilibrium, given lack of spare supply in the near-term.

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  8. Feb 14, 2024 · LONDON/SINGAPORE, Feb 14 (Reuters) - Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as China and countries in South and Southeast Asia use LNG to...

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