Shell Predicts 50% Surge in Global LNG Demand by 2040

Shell Predicts Over 50% Surge in Global LNG Demand by 2040

In an industry forecast that is generating widespread discussion, Shell, the British oil and gas giant, has projected a significant increase in global demand for liquefied natural gas (LNG), anticipating a rise of more than 50% by the year 2040. This bullish outlook is firmly anchored in the burgeoning industrial needs of China, along with the accelerated economic progression in regions like South Asia and Southeast Asia.