Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation,

The oil company cited strong interest in Asia for the supercooled gas as Sempra outlined plans to export gas from Texas.

A milder-than-usual winter across north Asia has reduced demand, enabling European buyers to bid for LNG cargoes to replenish depleted inventories. Asia, the top-importing contine

Global demand for liquefied natural gas is forecast to surge 60 per cent by 2040 due to faster economic growth in Asia and the race to decarbonise industry, Shell has said. The energy major’s widely followed annual outlook on the super-chilled fuel is 10 percentage points higher than what was predicted last year for the same period,