"Shell Forecasts 50% Surge in Global LNG Demand by 2040"
TL;DR Summary
Shell predicts a 50% increase in global demand for liquefied natural gas (LNG) by 2040, with China and Southeast Asia driving growth. The market remains tight, with prices above historical averages, and European long-term contracts are insufficient to bridge the demand-supply gap. The US LNG export ban poses a risk if it lasts longer than a year.
- Shell expects 50% rise in global LNG demand by 2040 Reuters
- Shell Sees Demand Surging for Liquefied Natural Gas The New York Times
- LNG demand to surge 50% by 2040 in clean-fuel transition, forecasts Shell Financial Times
- Shell Sees LNG Replacing Coal in Asia OilPrice.com
- Shell Lowers LNG Growth Outlook as Demand set to Peak in 2040s Bloomberg
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