Growth rate of global LNG demand to double this year, says energy company CEO

NAMPA / Xinhua

2025-10-30

MOSCOW, Oct. 30 (Xinhua) -- The increase in global demand for liquefied natural gas (LNG) is expected to double due to strong demand from Europe, Russian energy company Novatek CEO Leonid Mikhelson said Thursday. "The LNG market typically grows by around 2 percent annually. Due to strong demand in Europe, consumption growth of around 4 percent is expected this year. In Europe, the consumption will increase by 20 million tons," Mikhelson said.......

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