Global Demand for LNG to Grow to 920Mln Tonnes by 2040

12:00 GMT, 5 December 2024

MOSCOW (Sputnik) - Global demand for liquefied natural gas (LNG) will increase to 920 million tonnes by 2040, Russian energy company Novatek CEO Leonid Mikhelson said on Thursday.

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"By 2040, global demand for LNG is expected to reach around 920 million tonnes," Mikhelson said at the Verona Eurasian Economic Forum.

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The world will not be able to ensure a high-quality energy transition without Russia, the Novatek head added.

Economy Russian Economy Under Sanctions Novatek liquefied natural gas (LNG)Leonid Mikhelson Business Verona Sputnik

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