Natural gas and LNG infrastructure: meeting demand and climate goals

Global demand for natural gas is increasing, with projected 2.5% rise in 2024 according to IEA primarily driven by industrial and power sectors in Asia. China and India are leading this surge, while Europe continues to be a significant importer. The United States and the Middle East remain dominant exporters, supported by substantial investments in LNG infrastructure to meet growing demand globally. To successfully address critical energy security priorities and maintain energy market balance, natural gas demand projections must be accompanied by carefully orchestrated strategies to navigate the difficulty of operating, maintaining and investing in gas assets to meet projected rising demand while maintaining momentum toward climate targets.