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Global LNG Supply Capacity Set to Expand by 250bcm/y by 2030: IEA

LNG

Global LNG capacity is set to expand by 250bcm/y by 2030 according to IEA after the limited supply growth between 2021 and 2024. Qatar and North America are forecast to account for over 80% of the capacity additions.

  • Approximately 70% of this capacity will be added between 2025-27 based on project timelines.
  • The extremely strong growth is expected to rebalance the global gas market and put downward pressure on prices through the second half of the decade.


Source: IEA

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