Shell Sees Global LNG Demand Rising 65% by 2050 Despite Market Disruptions

Shell expects global LNG demand to reach nearly 700 million tonnes per year by 2050, up about 65% from 2025 levels, according to its latest LNG Outlook 2026. The energy major projects that around 180 million tonnes per year of new liquefaction capacity will come online by 2030, with additional investment required through the following decades to meet rising consumption.

The company said global LNG trade reached 422 million tonnes in 2025 and had been expected to grow further this year. However, shipping disruptions through the Strait of Hormuz—triggered by the recent Middle East conflict—temporarily shut in roughly one-fifth of monthly global LNG supply, lifting Asian spot prices above $20 per million British thermal units (MMBtu).

Shell said increased liquefaction output from North America, stronger performance at existing facilities, and softer LNG imports in Asia have partially offset reduced Middle Eastern exports. If shipping through the Strait of Hormuz normalizes during the summer, total LNG trade in 2026 could remain broadly in line with last year before resuming growth in 2027.

"The LNG industry has proved resilient and able to adapt to changing market conditions," Cede

Fuente original: Yahoo Finance (https://finance.yahoo.com/energy/articles/shell-sees-global-lng-demand-082000731.html)