<p><strong>Doha, 10 March 2025</strong><br />
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Liquefied natural gas (LNG) is set to play a pivotal role in the energy markets and the ongoing race to net zero emissions by 2050, according to a renowned industry expert. Speaking to the Al-Attiyah Foundation in its latest episode of its popular podcast series Dr. Anas Alhajji, researcher, author, and a speaker with more than 900 papers, articles and columns to his credit, shares a bullish outlook on the LNG market and explores the ramifications of U.S. President Donald Trump&#39;s declaration of a National Energy Emergency, its impact on energy markets, and the implications for Middle Eastern oil producers.</p>

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<p>Dr. Alhajji expresses cautious optimism about the LNG market despite advancements in energy-efficient technologies. He states, &ldquo;We remain bullish on LNG despite technological advancements that reduce energy consumption. Natural gas remains integral to the global energy mix, particularly as green energy policies encounter resistance.&rdquo;</p>

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<p>Global LNG demand is expected to rise significantly over the coming years, driven by increased energy requirements in Asia and Europe as these regions seek to secure cleaner energy alternatives. According to the International Energy Agency (IEA), global LNG trade hit a record high in 2023, with demand projected to grow by more than 3% annually through 2030. Key growth markets include China and India, which are ramping up imports as part of their strategies to reduce air pollution and transition to lower-emission fuels.</p>

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<p>Europe, still grappling with the energy crisis prompted by geopolitical tensions, has increasingly turned to LNG to diversify its energy sources. Data from industry reports indicate that European LNG imports surged by nearly 60% last year, compensating for reduced Russian pipeline gas supplies. Qatar, already a dominant player, is well-positioned to capitalise on this rising demand with its ambitious North Field expansion project.</p>

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<p>The podcast also provides context on Trump&#39;s decision to declare a National Energy Emergency. Alhajji explains, &ldquo;One of the reasons for declaring this emergency is to undo President Biden&#39;s climate actions. Although Biden did not officially declare a climate emergency, he implemented policies as if he had. Trump&#39;s move aims to counter those initiatives.&rdquo;</p>

<p>Delving into energy demand and production dynamics in the U.S., Dr. Alhajji highlights that the primary impact will be on the demand side.</p>

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<p>&ldquo;Removing subsidies for electric vehicles and criticising them, despite their market presence, will likely increase gasoline demand,&rdquo; he said. He further notes the challenges of boosting production, adding, &ldquo;Even if Trump promises a production surge, achieving this is unlikely given current record-high U.S. oil and gas production levels.&rdquo;</p>

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<p>Looking ahead to 2025, Dr. Alhajji predicts volatility in the oil market due to factors like ongoing sanctions on Russia and Venezuela, as well as potential tariffs on Canada and Mexico. He emphasises the pivotal role of OPEC+ in stabilising markets and mitigating volatility.</p>

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<p>This episode offers listeners a thorough examination of current energy market dynamics and provides invaluable insights into geopolitical, economic, and technological forces shaping the industry. The podcast is now available on the Al-Attiyah Foundation&rsquo;s website and all major streaming platforms.</p>
