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Exxon predicts 65% rise in natural-gas demand by 2040

Demand for natural gas will rise by 65% in 2040, Exxon Mobil Corp. said in its annual long-term energy outlook released Thursday.

Natural gas will account for 25% of global energy needs by 2040.

Overall, global energy demand will rise by 35% through 2040, Exxon said. Developing countries such as China and India will lead that growth.