APPEC: Global LNG demand seen surging 50% from current levels by 2040: Gunvor

Global LNG demand could rise 50% from the current levels by 2040 if prices don’t ratchet as consumption is seen staying stronger, Gunvor Group co-founder and Chairman Torbjörn Törnqvist told S&P Global Commodity Insights Sept. 9. “We’re seeing a bit of a more normal market from the price point of view compared to what the situation was when Russia attacked…Global LNG demand could rise 50% from the current levels by 2040 if prices don’t ratchet as consumption is seen staying stronger, Gunvor Group co-founder and Chairman Torbjörn Törnqvist told S&P Global Commodity Insights Sept. 9. “We’re seeing a bit of a more normal market from the price point of view compared to what the situation was when Russia attacked…Read More