Feb 21, 2020
Demand for liquefied natural gas set to double by 2040
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Citing forecasts, Shell said that LNG demand was expected to double by 2040 to 700 million tons, with natural gas set to play “a growing role in shaping a lower-carbon energy system.”
Shell added that LNG imports in China grew by 14% last year, while Bangladesh, India and Pakistan saw imports reach 36 million tons, representing growth of 19%.