China to dominate demand outlook
Country's thirst for natural gas maintains upward trajectory
Asia is and will continue to be the dominant destination for liquefied natural gas volumes in the coming decade as demand is maintained among established buyers and emerging markets import rising volumes to offset declining indigenous production. By 2025 the continent's thirst for the fuel is expected to rise from 129m tonnes in 2010 to 304m tonnes. Over 70% of the world's annual LNG trade has been consumed in Asia since 2013, a percentage share that is set to be maintained until the middle of the next decade at least, as countries show preference for natural gas over coal and oil products. Over the medium term, the continued uptake of natural gas will vary among countries with China—which o
Also in this section
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
