Global LNG Trade Set to Surge but Supply Concentration Remains a Threat

The International Energy Forum (IEF) and the Japan Organisation for Metals and Energy Security (JOGMEC) have released a report examining the changing structure of global liquefied natural gas (LNG) markets.

The Global LNG Market Security report found that global LNG trade could reach around 800 billion cubic meters by 2031, up from more than 600 bcm expected in 2026.

Rising trade volumes alone will not guarantee greater energy security, as supply remains concentrated and infrastructure constraints and maritime chokepoints continue to expose markets to disruption.