China's shifting energy mix impacts global LNG growth outlook
Shell's latest market outlook suggests that changes in China's energy consumption patterns are tempering expectations for global LNG import growth.
The Business Standard31 July 2026, 2:20 AM1 readsAMP
Leading LNG trader Shell has released a new outlook indicating that shifts in China's energy mix are weakening a key pillar of global LNG growth. According to the report, the company has adjusted its projections, with a low-case scenario estimating imports to peak at 120 million tonnes by 2035. In a high-case scenario, imports are expected to reach nearly 150 million tonnes by 2040.
