Energy Transitions and Financial Measures
Significant Additional LNG Capacity Will Be Needed to Meet
Future Demand
KINDER MORGAN
US & Middle East account for ~75% of LNG supply growth to 2050
2021-2050 LNG IMPORT DEMAND GROWTH bcfd
GLOBAL LNG VOLUMES bcfd
Southeast Asia
Rest of the world
70
63
60
60
54
55
57
60
India
China
50
50
Japan and Korea
44
-8
European Union
-13
40
40
30
30
20
10
21
13
5
AVERAGE ANNUAL LNG SPEND $billion
■ Production
■Infrastructure
~19 bcfd of volume growth from 2021 to 2050
Requires ~25 bcfd of new capacity beyond
projects currently under construction given.
forecasted declines in Russia & North Africa
2016-21
$134
$86
$220
2022-30
$196
$85
$281
2031-50
$174
$82
$256
2015
2021
2025
2030
2035
2040
2045
2050
Based on IEA data from the IEA (2022) World Energy Outlook, World Energy Outlook 2022 - Analysis – IEA. All rights reserved; presentation modified by Kinder Morgan (data unchanged). STEPS (Stated Policies) scenario.
Infrastructure spend includes liquefaction and regasification terminals, ships, pipelines and storage. IEA does not provide a 2025 projection. 2025 data point is an extrapolation of the straight-line IEA projection from 2021 to 2030.
13View entire presentation