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Global LNG demand expected to double by 2040 to 700 mln tonnes - Shell

LONDON, Feb 20 (Reuters) - Global demand for liquefied natural gas (LNG) is expected to double to 700 million tonnes by 2040 as gas will continue to play an important role in a lower-carbon energy system, Royal Dutch Shell’s annual market outlook said on Thursday.

Global LNG demand grew by 12.5% to 359 million tonnes last year. Asia is expected to remain the dominant region in the decades to come, with South and South-East Asia generating more than half of the increased demand, the report said. (Reporting by Nina Chestney; Editing by Jan Harvey)

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