Natural gas (NGV24) and liquefied natural gas (LNG) are experiencing a massive surge in demand, fueled by the rapid rise of artificial intelligence (AI) technology. This AI boom is igniting an unprecedented expansion of global data centers, which rely on consistent 24/7 power generation - and that’s causing a spike in electricity demand.
Brokerage firms, including Goldman Sachs, are forecasting a significant increase in natural gas consumption driven by the data center revolution. While the planned restart of Three Mile Island to fuel AI power demand grabbed headlines recently, for massive energy markets like China - the world’s largest LNG importer - the need for “bridge fuels” like LNG is especially critical as the country intensifies its digital transformation and embraces AI advancements.
