# Shell expects 50% rise in global LNG demand by 2040 | Reuters

> Shell projects global LNG demand will rise by more than 50% by 2040, driven by China and South and Southeast Asia. The company describes the market as structurally tight with prices above historical averages.

- Date: 2024-02-14 · published 2024-02-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31844-shell-expects-50-rise-in-global-lng-demand-by-2040-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Long-run demand growth from Asia supports LNG and gas price levels, although a US export ban remains a risk to that tightness.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/energy/global-lng-demand-seen-rising-more-than-50-by-2040-shell-report-2024-02-14/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.