Liquefied natural gas (LNG) will supply about one third of Asia's energy needs by 2030, ExxonMobil says. ExxonMobil Development Company vice president of established areas projects, Alan Hirshberg, told an oil and gas conference in Perth that no fossil fuel will grow faster than natural gas between now and 2030. By then, it will account for almost a quarter of global energy demand, up from 20 per cent, Mr Hirshberg said. Gas demand for power generation will grow at 2.2 per cent annually, while demand in commercial, residential and industrial sectors is expected to grow at just under 1.5 per cent per year, he said. Demand in excess of local production will primarily be met by LNG, which offers relatively low carbon emissions.