Commodity Market Report

Global gas markets long-term outlook 2019: Global Demand

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19 March 2020

Global gas markets long-term outlook 2019: Global Demand

Report summary

Global gas demand will increase at an average annual rate of 1.6% from 2019 to 2040, with demand reaching 4,586 bcm by 2030 and 5,110 bcm by 2040. Gas demand will increase by a third by the end of the forecast. Easily outpacing overall gas demand, LNG reaches more than 80% above 2020 levels by 2040, accounting for 18% of total gas consumption, up from 13% this year. Piped gas still demonstrates strong growth - up 24% over the period.

Table of contents

Tables and charts

This report includes 29 images and tables including:

  • Chart 9: Europe gas demand vs previous outlook
  • Europe gas demand growth rate
  • Chart 10: Europe demand by sector
  • Chart 11: Europe demand by sub-region
  • Chart 12: North America gas demand versus previous outlook
  • North America gas demand growth rate
  • Chart 13: North America demand by sector
  • Chart 14: North America demand by sub-region
  • Chart 15: Latin America and the Caribbean gas demand versus previous outlook
  • Latin America and the Caribbean gas demand growth rate
  • Chart 16: Latin America and the Caribbean demand by sector
  • Chart 17: Latin America and the Caribbean demand by sub-region
  • Chart 1: WM base case - gas' share of TPED
  • Chart 2: IEA SDS – gas’ share of TPED
  • Chart 3: CAGR (2020-40) under WM Base Case; AET; AET-2; IEA SDS
  • Chart 4: Global gas demand scenarios: WM Base Case vs AET vs AET-2 vs IEA SDS
  • Chart 5: WM base case – global gas demand and LNG imports
  • Chart 6: Asia-Pacific gas demand vs previous outlook
  • Asia-Pacific gas demand growth rate
  • Chart 7: Asia-Pacific demand by sector
  • Chart 8: Asia-Pacific demand by sub-region
  • Chart 18: MEARC gas demand versus previous outlook
  • MEARC gas demand growth rate
  • Chart 19: MEARC demand by sector
  • Chart 20: MEARC demand by sub-region
  • Chart 21: Industrial demand versus previous view
  • Chart 22: Power demand versus previous view
  • Chart 23: Residential & Commercial demand versus previous view
  • Chart 24: Transport demand versus previous view

What's included

This report contains:

  • Document

    GlobalDemand.xlsx

    XLSX 4.54 MB

  • Document

    Global gas markets long-term outlook 2019: Global Demand

    PDF 1.00 MB

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