Shell: LNG demand up 65% by 2050 if Hormuz transit normalises
Global LNG demand could reach nearly 700 million tonnes a year by 2050, a 65% increase from 2025-levels, Shell forecasts, assuming shipping through the Strait of Hormuz returns to normal this summer, before growth resumes in 2027.
Southeast Asia’s LNG imports to soar to 135 bcm by 2035
Southeast Asia’s LNG imports are set to soar from 35 bcm today to 135 bcm by 2035, primarily driven by Pakistan and Bangladesh, the International Energy Agency (IEA) forecasts. With a wave of new LNG export capacity coming to market, global gas prices are bound to ease substantially, empowering countries like Bangladesh to secure long-term LNG contracts at more competitive rates.
JERA capitalises on growing LNG-burn in Southeast Asia
Japan’s largest LNG buyer JERA is capitalising on the growing need to burn LNG for power generation in Malaysia and Indonesia. According to Izumi Kai, CEO of Singapore-based JERA Asia, dwindling domestic gas production in the region makes it “very difficult” to meet energy needs with renewables and battery storage alone.
Osaka Gas and AGP International finalize Asia cooperation from LNG to city-gas projects
Osaka Gas Co. of Japan and Singapore-based AGP International Holdings have concluded a collaboration agreement on the development of natural gas infrastructure, including LNG facilities.
