Shell Sees LNG Demand Climb 65% to 700M Tons by 2050
SHEL•Shell forecasts LNG demand rising 65% from 422 million tons in 2025 to about 700 million by 2050, despite a 2026 flattening due to a Strait of Hormuz closure and prompting new capacity investments. As of June 30, the company has 5,570,928,127 ordinary €0.07 shares outstanding and no treasury stock.
1. LNG Demand Outlook
Shell projects global demand for liquefied natural gas rising from 422 million tons in 2025 to nearly 700 million by 2050, representing a 65% increase. The company anticipates a temporary flattening of demand in 2026 due to the closure of the Strait of Hormuz, motivating investments in new production and export capacity targeting Asian markets.
2. Share Capital Update
On June 30, Shell reported 5,570,928,127 ordinary shares of €0.07 each outstanding, with no shares held in treasury. This figure serves as the denominator for shareholder notification thresholds under the FCA's Disclosure Guidance and Transparency Rules.
