Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Argentina makes progress on LNG dream
Eni is joining the first phase of the 30mt/yr ARGLNG, while consortium behind the smaller Southern Energy LNG has reached FID
EU faces tough task following Japan LNG model
The bloc may find it very difficult to replicate Japan’s approach due to fundamental differences in policy and the markets
Australia’s LNG flashpoint
Scapegoating foreign buyers will not solve country’s gas shortages
LNG faces promises and perils ahead
LNG has opportunities to expand in established markets and access new ones, but the sector’s outlook is also fraught with uncertainties, from political and regulatory difficulties to chokepoints, project delays and cost overruns, says the IGU
Woodside adopts considered approach to Louisiana LNG
CEO Meg O’Neill explains the virtue of patience in offtake discussions amid tariff tensions
Europe’s hard choices on gas security
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
China’s critical gas position
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges
Russia’s implausible gas strategy
The country may have the resources, but sanctions and a lack of market access make its gas ambitions look very questionable
LNG importers decry EU methane rules
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
Energean ready to go deep into Africa
Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa
Capex on new LNG capacity has significantly increased over the past several years
LNG Algeria Angola Mauritania Senegal Morocco Mozambique Nigeria Congo South Africa Tanzania
Lee Nichols,
Vice-president, content,
Gulf Energy Information
27 February 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Global LNG analysis report 2023 — Part 1

Decarbonisation and the war in Ukraine are just two of the factors driving the massive investment in liquefaction and regasification around the world. The first part of this deep-dive analysis looks at developments in Africa

Numerous trends are driving the short-term and long-term demand for gas globally. These include, but are not limited to, decarbonisation efforts by numerous countries around the world and Russia’s war with Ukraine. In turn, capex on new LNG capacity—both liquefaction and regasification—has skyrocketed over the past several years, with hundreds of billions of dollars in announced investments under development globally. According to the Gas Exporting Countries Forum (GECF), global gas demand will continue to increase to 2050 (see Fig.1). The forum’s report, Global Gas Outlook 2050, sees demand surging to more than 5,600bn m³/yr by 2050. Nearly 50pc of the demand growth will come from the Asia-

Also in this section
Energy’s electric shock
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
ADNOC eyes cross-border opportunities
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
IEA and OPEC energy assumptions on fragile ground
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
India to help Asia spearhead global refining
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search