Woodside Energy (ASX: WDS) Sees 50% Rise in Global Gas Demand by 2030, Emphasises Long-Term LNG Commitments.

Tue 20 May 25, 06:25 AM |

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Highlights

Woodside Energy Group Ltd (ASX: WDS), Australia's largest natural gas producer, anticipates a significant rise in global gas demand over the next five years, with projections indicating a 50% increase by 2030. The forecast was shared by CEO Meg O’Neill during remarks at the World Gas Conference on Tuesday, where she emphasized gas’s ongoing role in the global energy transition.

O’Neill noted that energy customers worldwide are consistently seeking reliable and affordable sources as they pursue emissions reduction goals, with natural gas continuing to feature prominently in the energy mix. “The message is very clear, consistent, around the desire for more affordable reliable energy for nations on their journey towards net zero, and gas is absolutely a part of the mix,” she said.

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