CommoditiesMedium•30 June 2026•
1 min read
Shell Sees 65% Surge in LNG Demand by 2050
Key Facts
1Shell, the world's largest LNG trader, forecast a 65% increase in global LNG demand by 2050 from 2025 levels in its annual LNG Outlook 2026.
Amid the global shift toward cleaner energy and rising geopolitical tensions, Shell released its annual LNG Outlook 2026. Shell, the world's largest LNG trader, expects global LNG demand to surge 65% by 2050 from 2025 levels, according to its report.
The forecast comes amid supply challenges, with the report noting that growth has been stalled by the Strait of Hormuz crisis. Per market data, Shell stock (SHEL) closed at $76.89 on June 29, 2026, reflecting cautious optimism. South and Southeast Asia are projected to be the main demand drivers.