LNG

Falling fertility rates and an early peak in global population are set to reshape LNG demand, reinforcing its role in power generation while capping broader growth in gas consumption. Global population could peak at around 8.9 billion by 2053, earlier and lower than previously forecast, as fertility rates decline from 2.6 births per woman in 2007 to around 2.2 today, according to Wood Mackenzie. China’s population is already 9.6 million below the UN’s 2024 projection, underscoring the speed of demographic change.

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