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Shell LNG Demand Forecast

Sector: Natural Gas

Source: Energynews

Project
Proposed

Shell forecasts a 60% increase in global demand for liquefied natural gas (LNG) by 2040, driven by economic growth in Asia and emissions reduction efforts. The forecast indicates that LNG consumption could reach between 630 and 718 million tonnes per year by 2040, with significant contributions from China and India.

Status
Prospective
Sector
Natural Gas, LNG
Updated
22 Jul 2026
Source
Energynews

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The project “Shell LNG Demand Forecast” is an infrastructure initiative in the Natural Gas sector. Taiyo aggregates data on it from Energynews.

Participants

Company

Status

Original status

Proposed

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Shell forecasts a 60% increase in global demand for liquefied natural gas (LNG) by 2040, driven by economic growth in Asia and emissions reduction efforts. The forecast indicates that LNG consumption could reach between 630 and 718 million tonnes per year by 2040, with significant contributions from China and India.

Original sector

Natural Gas

Location

Not available for this record.

Source

Source

Energynews

URL

More Details

Record type

Project

Sector

Natural Gas, LNG

Article published date

2025-03-03

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