Natural gas is positioned as the most scalable and responsive solution to meet growing power needs and stabilise grids. Natural gas demand rose globally by 78 billion cubic meters (1.9%) in 2024, reaching 4,122 billion cubic meters (bcm), and is expected to continue growing in 2025 by 71 bcm (1.7%), according to the 2025 Global Gas Report by the International Gas Union (IGU) and Snam.

Observed trends suggest global energy demand is expected to follow an upward trajectory over the next decade, especially leading up to 2030. Power consumption is expected to surge in China and India, thus driving an increase in natural gas demand, positioning Asia as the key driver of global energy demand, supported by growth in North America. 

Heatwaves and technological drivers, such as the AI and Cloud steep growth, are straining power systems globally, requiring reliable and flexible sources and more infrastructure. Geopolitical tensions are clouding the outlook for LNG demand and supply, alongside the dynamic rate of energy transition.