Global LNG demand to grow in 2024

Global liquefied natural gas (LNG) demand will grow in 2024 with top buyer China back in the market and consumption in Europe rising, a TotalEnergies TTEF.PA executive said on Wednesday.

“LNG has continued to grow, with China being back in the market but not yet at the level of 2021,” Senior Vice President Asia Pacific Exploration & Production Thomas Maurisse said at an industry conference.

“With Europe … it’s a new and big market, this demand will still continue to grow. At the same time, new capabilities will not be on stream in this very short term, so will continue to put bit of pressure on prices and volatility.”

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.

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