Gas, power and AI’s role in the new age of energy addition

AI Summary
Energy CEOs at the LNG 2026 conference in Doha, Qatar, stated that the previous narrative of a managed transition away from fossil fuels is over. Leaders from QatarEnergy, Shell, ExxonMobil, TotalEnergies, and ConocoPhillips believe global energy demand is rapidly increasing due to factors like AI, data centers, electrification, and population growth. They project global LNG demand to rise from 400 million tonnes per year to 600 million tonnes by 2030 and potentially 800 million tonnes by 2050, growing at over 3% annually. These companies are shifting their focus from solely oil production to becoming broader "international energy companies" to manage diverse energy molecules and supply chains. The executives suggest that energy demand is outpacing the development of necessary infrastructure and policies.
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