Doha, Qatar – The Middle East’s liquefied natural gas (LNG) exports are projected to exceed 202 million tonnes (mt) by 2050, with Qatar leading the region’s expansion efforts, according to the Gas Exporting Countries Forum (GECF).
The region contributed 96 million tonnes to global LNG exports in 2023, accounting for 23% of total worldwide shipments, with Qatar maintaining its position as the world’s top LNG exporter, shipping 78 million tonnes.
Qatar’s LNG Expansion to Drive Growth
According to GECF’s Global Gas Outlook 2050, Qatar is expected to remain at the forefront of LNG exports, nearly doubling its production capacity by 2030. The country aims to increase LNG output by 85%, from 77 million tonnes per year (mtpy) to 142 mtpy, through the North Field Expansion (NFE, NFS, and NFW) projects.
This expansion, aligned with Qatar National Vision 2030, is expected to solidify the country’s dominance in the global LNG market while contributing to long-term economic sustainability.
Shifts in LNG Trade Patterns
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Asia Pacific will remain the primary destination for Middle Eastern LNG, receiving over 178 million tonnes (90%) of the region’s exports by 2050.
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Europe’s LNG imports from the Middle East will decline significantly as the continent shifts toward alternative energy sources.
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Africa’s LNG demand is expected to increase by 2030 but will diminish later in the decade.
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Kuwait will drive long-term regional LNG import growth, accounting for nearly 50% of total Middle Eastern LNG imports by 2050.
The Middle East’s LNG Self-Sufficiency and Growing Asia-Centric Trade
The Middle East remains 100% self-sufficient in LNG production, reinforcing its dominant global supply position. While the region has traditionally supplied both Asia and Europe, the shift towards an Asia-centric LNG trade is becoming increasingly evident.
By mid-century, the Middle East’s net LNG exports are expected to increase significantly, rising to 188 million tonnes, while total natural gas net exports will surge from 139 billion cubic meters (bcm) in 2023 to 289 bcm in 2050.
With Qatar leading the charge, the Middle East’s LNG sector is set to experience unprecedented growth, further solidifying its role as a global energy powerhouse.