Serrari Group

Investments in liquefied natural gas (LNG) are forecast to rise by over 50% by 2029, according to a recent Goldman Sachs Research report. This surge is anticipated to significantly boost global LNG supply, potentially increasing it by 80% by 2030 and helping to address the European energy crisis.

The report highlights new projects in Qatar and North America as key drivers of this growth. As the demand for natural gas continues to rise and oil demand stabilizes, the energy sector is experiencing a notable shift. Over the next five years, the global gas market is expected to expand by 50%, while oil investment shows signs of peaking in non-OPEC countries.

Despite these changes, oil companies could still see substantial returns if oil prices stay within the $80 to $90 range. Additionally, the industry is likely to witness ongoing mergers and acquisitions as it adapts to the evolving energy landscape.

Goldman Sachs’ projections indicate that LNG will play a crucial role in the global energy transition, reflecting a significant shift in investment priorities within the sector. As the world moves towards cleaner energy sources, LNG is positioned to be a vital component of this transition.

photo source: Google

By: Montel Kamau

Serrari Financial Analyst

3rd June, 2024

Share this article:
Article and News Disclaimer

The information provided on is for general informational purposes only. While we strive to keep the information up to date and accurate, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information on the website is provided on an "as-is" basis, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

In no event will be liable to you or anyone else for any decision made or action taken in reliance on the information provided on the website or for any consequential, special, or similar damages, even if advised of the possibility of such damages.

The articles, news, and information presented on reflect the opinions of the respective authors and contributors and do not necessarily represent the views of the website or its management. Any views or opinions expressed are solely those of the individual authors and do not represent the website's views or opinions as a whole.

The content on may include links to external websites, which are provided for convenience and informational purposes only. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Please note that laws, regulations, and information can change rapidly, and we advise you to conduct further research and seek professional advice when necessary.

By using, you agree to this disclaimer and its terms. If you do not agree with this disclaimer, please do not use the website., reserves the right to update, modify, or remove any part of this disclaimer without prior notice. It is your responsibility to review this disclaimer periodically for changes.

Serrari Group 2023