15
Feb
2024

‘Latent demand’ sufficient to drive LNG growth to 2040 – Shell

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  • LNG demand is expected to rise by more than half by 2040 to 625-685 mtpa
  • But Shell downgrades the 2040 demand estimate from last year’s outlook
  • 80 mtpa of liquefaction capacity coming on stream in 2025-27 

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