The strategic advantage of natural gas and LNG in the energy transition

Natural gas - and LNG in particular – is forecast to play an important role as the fuel of choice in the multifaceted energy system. However, although natural gas is supporting global energy security, particularly in Europe, where LNG supplies have increased by 15% since 2022, many argue gas should not be considered a long-term solution and its transition needs to be fast tracked. Many markets, particularly Asian, will look to affordable and secure LNG supply in their efforts to phase out coal in the decades ahead. Additionally, access to gas supplies will potentially play an important role in securing new energy supply to meet high volume AI demand. Given the conflicting pressures on gas production, what is the long-term future for natural gas? How can LNG establish itself as the fuel of choice during the energy transition and beyond?