# Global LNG Demand to Double by 2040, but Supply/Demand Balance Unlikely Till Mid 2020s, Says Shell

> Shell's annual LNG outlook forecasts global LNG demand doubling to 700 mmt by 2040. It expects the supply-demand balance to remain loose until the mid-2020s, and warns that US export facilities could face shut-ins if European gas prices fall further.

- Date: 2020-02-20 · published 2020-02-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54772-global-lng-demand-to-double-by-2040-but-supply-demand-balance-unlikely-till-mid
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A long-term LNG oversupply outlook points to cheap gas for energy-intensive feed processing for years. Near-term effects on feed prices are minimal.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/global-lng-demand-to-double-by-2040-but-supplydemand-balance-unlikely-till-mid-2020s-says-shell/

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