Hanwha builds global LNG chain to bolster energy security | Hanwha

Global energy markets are facing turbulence, with price swings, shifting demand patterns and geopolitical tensions driving greater calls for stability. This growing uncertainty is reflected in the International Energy Agency’s World Energy Outlook 2025, which warns of energy security risks across oil, gas and power markets, as well as vulnerabilities in technology and mineral supply chains. 

Ensuring a stable energy supply has also become more critical with the rapid advancement of artificial intelligence, which is driving a surge in global electricity consumption.

At the same time, governments and industries are accelerating the shift to lower-carbon systems, making the balance between reliable supply and decarbonization more critical than ever. 

Within this complex landscape, liquefied natural gas (LNG) has taken on renewed importance. LNG’s transportability is a key strength, allowing it to serve as a stabilizing force in the energy mix. According to the International Gas Union, global LNG trade reached a record high of 411 million metric tons in 2024, up 2.4% from the previous year, connecting 22 exporting and 48 importing markets worldwide. 

“Energy security today depends on flexibility and resilience. LNG provides both in ways that few other resources can, all while helping to replace more carbon-intensive fuels such as coal,” says Jae Kyu Lee, CEO of Hanwha Energy.