Global demand for liquefied natural gas (LNG) could surge more than 50% by 2040, according to an estimate by Shell. Fueling that rosy outlook is the expectation that China will switch its power plants from coal to gas and that LNG will fuel the economic growth engines of South Asian countries.

(NYSEMKT: TELL) had hoped to cash in on the global LNG boom by building its proposed Driftwood LNG facility. That had made it a popular LNG stock. However, with Tellurian agreeing to sell itself to Woodside Energy in a $1.2 billion cash deal, investors will need to look elsewhere to cash in on the LNG boom. Here are two alternatives to consider.

Tellurian had hoped to build a leading pure-play LNG export company in the United States. Its proposed Driftwood LNG terminal could eventually export 27.6 million tonnes per annum (MTPA) once fully developed in 2028. The company estimated that the facility could produce over $3 billion in annual cash flow once it reached that point. Meanwhile, Tellurian owns enough land to build a second site capable of producing another 30 MTPA of LNG per year.

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Source Fool.com