REPORT
Global LNG Market Outlook 2030
The global LNG market is forecast to enter a phase of oversupply from 2027 onward, driven by new liquefaction projects coming online. Total LNG supply is projected to exceed demand by 15 million metric tons in 2030 in the base case.
Our latest outlook provides expert insights into the shifting global LNG balance, with new supply from the U.S. and Qatar set to outpace demand. Demand growth will be led by Asia, particularly mainland China and India, as countries in the region seek to lower emissions and expand their gas grids. The report also examines the geopolitical and project-related risks that could reshape the market balance and lead to a supply shortfall.
What you’ll learn:
- Why global LNG demand by 2030 is projected to be 39% higher than 2024
- The role of Asia’s industry and power sectors in absorbing excess supply
- Potential market scenarios, including if sanctions are lifted on Russian LNG
Download the full report now to access detailed forecasts, regional breakdowns, and scenario planning to inform clear decision-making into 2030.
Enter your details for instant access
The data included in these materials are for illustrative purposes only. The BLOOMBERG TERMINAL service and Bloomberg data products (the “Services”) are owned and distributed by Bloomberg Finance L.P. (“BFLP”) except (i) in Argentina, Australia and certain jurisdictions in the Pacific Islands, Bermuda, China, India, Japan, Korea and New Zealand, where Bloomberg L.P. and its subsidiaries (“BLP”) distribute these products, and (ii) in Singapore and the jurisdictions serviced by Bloomberg’s Singapore office, where a subsidiary of BFLP distributes these products. BLP provides BFLP and its subsidiaries with global marketing and operational support and service. Certain features, functions, products and services are available only to sophisticated investors and only where permitted. BFLP, BLP and their affiliates do not guarantee the accuracy of prices or other information in the Services. Nothing in the Services shall constitute or be construed as an offering of financial instruments by BFLP, BLP or their affiliates, or as investment advice or recommendations by BFLP, BLP or their affiliates of an investment strategy or whether or not to “buy”, “sell” or “hold” an investment. Information available via the Services should not be considered as information sufficient upon which to base an investment decision. The following are trademarks and service marks of BFLP, a Delaware limited partnership, or its subsidiaries: BLOOMBERG, BLOOMBERG ANYWHERE, BLOOMBERG MARKETS, BLOOMBERG NEWS, BLOOMBERG PROFESSIONAL, BLOOMBERG TERMINAL and BLOOMBERG.COM. Absence of any trademark or service mark from this list does not waive Bloomberg’s intellectual property rights in that name, mark or logo. All rights reserved. © 2025 Bloomberg. 956841 0525