- Expansion in the gas and LNG markets continues, with LNG demand expected to increase 3.6 percent per year to 2035.
- Strong growth from these regions will more than offset the demand declines from the mature gas markets of Europe and Northeast Asia.
- LNG: Demand expected to grow 3.6 percent per annum to 2035, with market rebalancing expected in 2027–28We expect LNG demand to outpace overall gas demand as Asian markets rely on more distant supplies, Europe increases its gas-import dependence, and US producers seek overseas markets for their gas (both pipe and LNG).
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