Inpex Warns Of Looming LNG Crunch in Asia

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Inpex warns of a looming LNG supply shortfall in Asia by 2035 due to expected doubling of demand, which is projected to reach 700 million tons per year.

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Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

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Japan’s Inpex expects an LNG supply shortfall in the Pacific coastal region, including Asia, in 2035, as demand will nearly double from current levels, the oil and gas major said in its 2025 earnings report on Thursday. Global LNG demand is expected to increase to about 700 million tons per year in 2035, up from the current level of around 400 million tons annually, according to the Japanese company, which operates the Ichthys LNG project offshore Western Australia. “Demand will be concentrated in the Asia–Oceania…

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Original article published by OilPrice.com on February 12, 2026.
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