What is Shell's projection for global LNG demand growth by 2050, and what are the main drivers?

Shell expects global liquefied natural gas (LNG) demand to rise by around 65% by 2050, reaching nearly 700 million metric tons per year. This growth is driven largely by Asia, where countries are seeking lower-emission alternatives to coal, and by rising power demand from data centres, particularly in more mature markets like Japan.

How has the Middle East conflict — specifically disruption to shipping through the Strait of Hormuz — affected global LNG trade in 2026?

The Middle East conflict has severely disrupted shipping through the Strait of Hormuz, shutting in around one-fifth of global monthly LNG supply since the conflict began; as a result, global LNG trade in 2026 could remain flat compared to 2025 if shipping normalizes this summer, with growth resuming in 2027.

Shell expects 65% rise in global LNG demand by 2050

Jun 30, 2026

Shell forecasts a 65% surge in global LNG demand by 2050 driven by Asian growth and data center power needs, despite recent Middle East shipping disruptions requiring significant new infrastructure investment.

reuters

2026-05-06

Australian LNG Projects to Supply 20% of Gas to Local Market

2026-06-30

Shell expects 65% rise in global LNG demand by 2050

2026-09-09

Australia softens East Coast gas reservation rule for LNG exporters

Shell expects 65% rise in global LNG demand by 2050

FAQ