Natural gas is still expected to dominate the global energy mix and support decarbonization into the middle of the century despite recent market volatility, but the world’s current energy crunch could be accelerating LNG’s position as the trade of choice, according to researchers from the Gas Exporting Countries Forum (GECF).

In a recently published Global Gas Outlook report, researchers again estimated that natural gas will hold the largest portion of the global energy mix in 2050, growing from 23% last year to 26%. However, how that gas may reach end-users in the future could be changing more quickly due to recent geopolitical events.

GECF researchers previously estimated liquefied natural gas could account for less than half of all global gas transactions in 2030 before...