Shell plc SHEL recently reported its 2025 LNG outlook, which states that the demand for liquefied natural gas (LNG) is expected to rise by 60% by 2040, with Asia at the forefront of this growth.
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Shell forecasts global LNG demand to increase by 60% by 2040Global demand for liquefied natural gas (LNG) is projected to rise by approximately 60% by 2040, primarily fuelled by economic expansion in Asia, according to Shell's LNG Outlook 2025 report.
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