Inpex Flags Potential LNG Supply Gap in Asia by 2035

Japan’s Inpex has flagged a potential liquefied natural gas shortage in the Pacific basin by 2035, projecting global LNG demand could rise to about 700 million tons annually from roughly 400 million tons today, driven largely by Asia–Oceania. The outlook suggests tightening fundamentals for Natural Gas as regional utilities and industries increase reliance on LNG amid ongoing energy transition policies.

Over the past month, benchmark Natural Gas prices have climbed about 9.6%, reflecting shifting expectations around medium-term supply and demand, as well as weather and storage dynamics. However, near-term technicals point to downside risk, with the 1-day signal currently indicating Sell, suggesting traders remain cautious despite the longer-term bullish narrative for LNG-linked gas markets. Investors can explore more updates, prices, and analysis across global markets at Commodities.