Shell (SHEL LN) sees LNG demand to increase between 610-780Mtpa by 2050 from 422 Mtpa in 2025, with demand growth to be driven by Asia
Newsquawk Staff ·
Shell (SHEL LN) sees LNG demand to increase between 610-780Mtpa by 2050 from 422 Mtpa in 2025, with demand growth to be driven by Asia.
What it means
Shell's projection of LNG demand growth to 610-780 Mtpa by 2050, up from 422 Mtpa in 2025, underscores a significant long-term shift in energy consumption patterns, particularly driven by Asia. This increase not only highlights the growing reliance on LNG as a cleaner energy source but also suggests potential investment opportunities and challenges in the energy markets as companies adjust their strategies to meet this demand.
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