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Asia and Europe to lead global rise in LNG demand

Asia will account for 59% of the world’s LNG import growth to 2035, while Europe will follow with 22%, according to a new report by Shell Asia will account for 59% of the world’s LNG import growth to 2035, while Europe will follow with 22%, according to a new report by Shell.
By Andreas Walstad 27 February 2019 World / LNG 0 33986
Share of LNG import growth 2018-2035, by region

Global LNG demand is expected grow by an average of 4% per year between now and 2035, according to the Shell LNG Outlook 2019, released this week. The expansion will be helped by demand growth in Asia – especially China – and to a lesser extent Europe.

The supply side of the market is also expected to grow, according to the report.

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