Global LNG Demand Increase
Sector: LNG
Source: Pipeline and Gas Journal
Shell's annual report forecasts a 60% increase in global demand for liquefied natural gas (LNG) by 2040, primarily driven by economic growth in Asia and efforts to reduce emissions in various sectors. The report highlights the need for more gas for power generation, heating, and transportation to meet development and decarbonization goals.
- Status
- Prospective
- Sector
- LNG, Natural Gas, Power Generation (CCGT)
- Updated
- 22 Jul 2026
- Source
- Pipeline and Gas Journal
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Project Information
Participants
Company |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Shell's annual report forecasts a 60% increase in global demand for liquefied natural gas (LNG) by 2040, primarily driven by economic growth in Asia and efforts to reduce emissions in various sectors. The report highlights the need for more gas for power generation, heating, and transportation to meet development and decarbonization goals. |
Original sector | Energy |
Location
| Not available for this record. |
Source
Source | Pipeline and Gas Journal |
URL |
More Details
Record type | Project |
Sector | LNG, Natural Gas, Power Generation (CCGT) |
Article published date | 2025-02-28 |
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