Global LNG demand seen rising in 2024 from China, Europe – TotalEnergies exec says

KUALA LUMPUR, Feb 28 (Reuters) – Global liquefied natural gas (LNG) demand continues to grow in 2024 with top buyer China back in the market and consumption in Europe rising, although prices will remain volatile as new supply will take time to come online, a TotalEnergies executive said on Wednesday.

“LNG has continued to grow, with China being back in the market but not yet at the level of 2021,” Senior Vice President Asia Pacific Exploration & Production Thomas Maurisse said at an industry conference.

“With Europe … it’s a new and big market, this demand will still continue to grow,” he added.

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