Shell has projected that global demand for liquefied natural gas will increase by approximately 65% by 2050, driven primarily by Asian markets seeking lower-emission alternatives to coal and a surge in power consumption from data centers.
The forecast, outlined in the company's annual report, underscores the strategic importance of LNG as a transition fuel in the global energy mix.
The outlook reinforces the long-term investment case for gas infrastructure and liquefaction capacity.
While short-term price volatility remains influenced by geopolitical tensions and seasonal demand shifts, Shell’s projection suggests sustained structural growth over the coming decades.
This aligns with broader industry trends where gas is increasingly viewed as a critical bridge in the decarbonization of power generation and industrial processes.
Asia remains the focal point for this demand growth, as countries in the region balance energy security with environmental targets.