Shell Forecasts a 60% Surge in Global LNG Demand by 2040
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Shell forecasts a 60% increase in global LNG demand by 2040, driven mainly by rising demand in Asia.
February 27, 2025 | 12:30 pm
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Shell anticipates a 60% rise in global LNG demand by 2040, largely due to increased demand in Asia. This projection could positively impact Shell's revenues and market position in the LNG sector.
Shell's forecast of a significant increase in LNG demand suggests potential growth in its LNG business, especially in Asia. This could lead to higher revenues and strengthen its market position, positively impacting its stock price.
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