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Shell LNG Outlook 2024

Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth.

Global trade in LNG reached 404 million tonnes in 2023, up from 397 million tonnes in 2022, with tight supplies of LNG constraining growth.

Explore the Shell LNG Outlook 2024

Download the Shell LNG Outlook 2024

The Outlook in full explores LNG supply and demand in 2023 and future emerging trends.

Download report (PDF)

Explore the key facts and figures from this years Outlook in our short video

Explore the key facts and figures from this years Outlook in our short video

Download the Shell LNG Outlook 2024

The Shell LNG Outlook 2024 infographic

The Shell LNG Outlook 2024 infographic (PDF)

Explore the key facts and figures at a glance with our LNG Outlook infographic.

The Shell LNG Outlook 2024 media release

The Shell LNG Outlook 2024 media release (PDF)

Read the media release which outlines key points and trends in the LNG Outlook 2024.

LNG - decarbonisation pathways

LNG - decarbonisation pathways

Click here to explore potential pathways to decarbonise LNG

Frequently asked questions

Read previous LNG Outlooks

Trading and shipping manages one of the world's biggest fleets of LNG carriers

Liquefied natural gas (LNG)

We cool natural gas to make a liquid, shrinking its volume 600 times for easy shipping to distant markets.

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Natural gas

We are helping to power lives around the world with natural gas, the cleanest-burning hydrocarbon.

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