Global gas industry in the Delayed Energy Transition scenario Report

Insight 24 March 2025

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Report summary

In this analysis, we discuss a potential future of the global gas and LNG market in the case of a delayed energy transition – a scenario where global warming increases to 3 °C. We answer the key questions: • How strong will gas demand be in this scenario? • Where will additional supply come from? • What level of gas prices can we expect?