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\r\n\r\n Today’s turbulence in gas markets reshapes global gas trade. Russia’s\r\n exports dwindle and the European Union competes with countries in Asia\r\n for LNG supplies.\r\n
\r\n\r\n Demand for LNG in Europe then falls steadily as it moves away from gas\r\n to meet its climate goals. Developing Asia is the main destination for\r\n exports in 2050.\r\n
\r\n\r\n The era of rapid growth in natural gas demand is drawing to a close,\r\n but doors are opening for low-emissions gases, which get a boost in\r\n the APS...\r\n
\r\n...and flourish in the NZE.
\r\n\r\n In the APS, the European Union doubles down on clean energy, spending\r\n USD 65 billion per year to bring natural gas demand down by 60% by\r\n 2030. These investments are offset over time by much lower gas import\r\n costs.\r\n
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