Shell expects global LNG demand to rise by 65% by 2050

AI Summary

Shell projects a 65% increase in global liquefied natural gas (LNG) demand by 2050, expecting consumption to reach nearly 700 million metric tons annually. This forecast highlights the rising importance of LNG in the global energy mix over the coming decades.

Global demand for LNG is expected to rise to nearly 700 mln metric tons a year by 2050