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Eastern Economic Forum

Global LNG demand to grow to 580-600 mln tons by 2030 — Russian energy ministry

Russian First Deputy Energy Minister Pavel Sorokin noted that these days the world was actively shifting to LNG

VLADIVOSTOK, September 4. /TASS/. Global LNG demand may rise from the current slightly over 400 mln tons to 580-600 mln tons within six years and up to 700 tons further on, Russian First Deputy Energy Minister Pavel Sorokin said.

"Today the world is actively shifting to LNG and its demand will rise from the current slightly over 400 mln tons to 580-600 mln [tons] within 6-7 years. We will reach 700 mln tons within 20 years," he said at the Eastern Economic Forum.

The Eastern Economic Forum is underway on the campus of the Far Eastern Federal University in Vladivostok on September 3-6, 2024. The main theme of the EEF this year is ‘Far East 2030. Combining strengths to create new potential’. Business activities are broken down into seven thematic blocks: ‘New contours of international cooperation’, ‘Technologies to ensure independence’, ‘Financial value system’, ‘the Russian Far East’, ‘People, education and patriotism’, ‘Transport and logistics: new routes’, and ‘Master plans: from architecture to economy’.

The Roscongress Foundation is the Forum’s organizer. TASS is the general information partner of the EEF.

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Eastern Economic Forum

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