ExxonMobil raises its 2030 LNG sales target to about 50 million tons per year, with global demand expected to reach 500 million tons.

(1) Peter Clarke, Senior Vice President of LNG at ExxonMobil International Ltd., stated that ExxonMobil expects its global LNG sales portfolio to reach approximately 50 million tons per year by 2030, up from the previous forecast of 40 million tons. (2) Clarke noted that, overall, global LNG demand is expected to grow from the current 400 million tons to 500 million tons by 2030.