Global LNG market set to shrink in 2026 as Gulf disruption hits supply

Global LNG market tanker transporting liquefied natural gas

The global LNG market is now expected to shrink in 2026, overturning earlier expectations of a major increase in supply as restrictions on flows from Qatar and the UAE outweigh new production elsewhere. Global supply is forecast at 431 million tonnes, while tight European storage and strong Asian demand could intensify competition for cargoes ahead of winter. Second-quarter exports fell 4% year-on-year […]

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