This article offers a comprehensive analysis of the global gas and liquefied natural gas (LNG) markets, discussing increasing demand, market volatility, supply and demand dynamics, and the implications of the Paris Agreement on natural gas demand. It emphasizes the potential impacts of decarbonization policies on the LNG market, including changes in energy composition, reduced LNG demand, increased costs, and the need for industry adaptation. The article also examines the future outlook, investment needs, and implications for global gas and LNG markets, highlighting the continued uptake of gas in heavy-duty transport and the importance of investment to avoid supply–demand gaps. Overall, the analysis provides insights into the complex dynamics and challenges facing the global gas and LNG markets in the context of energy transition and climate change mitigation efforts.

This article provides a comprehensive analysis of the global gas and liquefied natural gas (LNG) markets. The article begins by discussing the increasing demand for gas and LNG, particularly in Asia, as countries aim to transition to cleaner sources of energy. It explores how market volatility has led to energy security interventions and lasting economic and emissions impacts. It then explores the global supply and demand dynamics, highlighting the structural change expected in the market and the competition between Europe and Asia for limited new LNG supply. The article also focuses on Europe's increased flexibility and dependence on LNG imports, which have risen by 60% to 121 million tonnes, offsetting lower Russian pipeline imports. Furthermore, the article delves into global supply and demand dynamics, how the market is expected to remain tight, and how record gas and LNG prices have led to demand reductions. Additionally, it analyzes the future outlook and investment needs, highlighting the continued uptake of gas in heavy-duty transport and the need for further investment to avoid a supply-demand gap. The article concludes with an analysis of the implications for the future of the global gas and LNG markets.

Natural gas is the primary fuel for Brazil's current expansion of thermoelectric generation. Imported LNG is considered a relevant energy source for developing new energy sources intermittently in the short and medium-term through plants that operate in the GW (gas-to-wire) and RTW (reservoir-to-wire) model. Given potentialities and restrictions, this study aimed to evaluate the prospects of using LNG as an alternative energy source. This article will use bibliographic, analytical, and qualitative methods and the SWOT tool. With this in mind, the expected results for analyzing strengths, opportunities, weaknesses, and changes in the expansion of LNG consumption refer to Eneva's Azulão Jaguatirica project. This research contributes to the debate on construction decision-making, the beginning of the operation of LNG terminals with a focus on thermoelectric generation, using the objective of the SWOT matrix