Shell Plc: Global LNG Demand to Grow Beyond 2040, Driven by Industrial Demand in China and Economic Development in South Asia and South-East Asia
February 16, 2024
February 16, 2024
LONDON, England, Feb. 16 -- Shell plc, an energy and petrochemical company, issued the following news release on Feb. 14, 2024:
Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell's LNG Outlook 2024.
Global trade in LNG reached 404 million tonnes in 2023, u . . .
Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell's LNG Outlook 2024.
Global trade in LNG reached 404 million tonnes in 2023, u . . .