LNG demand to double to 700MMt by 2040: Shell

SHELL’s LNG Outlook released overnight said global demand for LNG grew by 12.5% to 359 million tonnes last year or by 40MMt and will double to 700MMt by 2040.

LNG demand to double to 700MMt by 2040: Shell LNG demand to double to 700MMt by 2040: Shell LNG demand to double to 700MMt by 2040: Shell LNG demand to double to 700MMt by 2040: Shell LNG demand to double to 700MMt by 2040: Shell

Supermajor sees “increasingly flexible commodity”

 
It said Asia will be the dominant region and South and Southeast Asia responsible for half the increase in demand.