Liquid natural gas is becoming a hot global commodity as China and India seek alternatives to coal and Europe turns its back on Russian energy due to the war in Ukraine. Global LNG demand is expected to grow 5% annually through 2034, according to a report published by Stifel Financial this week. By 2030, demand worldwide is forecast to reach 596 million metric tons, a 47% increase over 401 million metric tons in 2023.
mountain Golar LNG shares have outperformed the sector and the market in 2024.
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