Qatar’s Al-Kaabi Warns AI Power Demand Could Spark LNG Shortage by 2030

Qatar’s Al-Kaabi Warns AI Power Demand Could Spark LNG Shortage by 2030

Qatari Energy Minister Saad al-Kaabi on Monday warned that rising power demand from artificial intelligence could wipe out the global LNG surplus and push markets into deficit by around 2030, despite more than 100 million tonnes per year of new LNG capacity scheduled to come online this decade, Reuters reported. Al-Kaabi said AI-driven data centers are emerging as a material source of gas demand as governments and technology companies accelerate…

Rising AI and data centre demand could tighten global LNG supply by 2030, Qatar Energy CEO says - Business News LK

Growing electricity demand from artificial intelligence and data centres, together with higher fuel use in Asia and Europe’s gas needs, could shift the global liquefied natural gas (LNG) market from an expected surplus to a shortage by 2030, the head of Qatar Energy has said. Speaking at the LNG2026 conference in Doha, Saad al-Kaabi said earlier projections had pointed to an oversupply between 2025 and 2030, but demand forecasts have since risen…

Rising AI power needs could turn LNG supply glut into a 2030 shortage, says QatarEnergy CEO

AI and data centers drive rising LNG demand

AI Power Needs May Turn LNG Glut to Gap by 2030, Says Qatar Energy CEO - Energy News, Top Headlines, Commentaries, Features & Events

By Emily Chow, Yousef Saba and Andrew Mills AI and data centres seen driving rising LNG demand Asia, led by China and India, to drive LNG demand growth LNG prices may soften with new supply DOHA, Feb 2 (Reuters) – Growing electricity demand from AI and data centres, together with rising fuel use in Asia ...