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LNG Demand Growth

Sector: Natural Gas

Source: Asia Business Outlook

Project
Planned

Shell's annual report projects a 60% increase in global demand for liquefied natural gas (LNG) by 2040, driven by economic growth in Asia and sustainability initiatives. The report estimates LNG demand will rise to between 630 million and 718 million metric tons annually by 2040, surpassing previous forecasts.

Status
Prospective
Sector
Natural Gas, LNG
Updated
22 Jul 2026
Source
Asia Business Outlook

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The project “LNG Demand Growth” is an infrastructure initiative in the Natural Gas sector. Taiyo aggregates data on it from Asia Business Outlook.

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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 projects a 60% increase in global demand for liquefied natural gas (LNG) by 2040, driven by economic growth in Asia and sustainability initiatives. The report estimates LNG demand will rise to between 630 million and 718 million metric tons annually by 2040, surpassing previous forecasts.

Original sector

Energy

Location

Not available for this record.

Source

Source

Asia Business Outlook

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More Details

Record type

Project

Sector

Natural Gas, LNG

Article published date

2025-03-04

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