Global LNG supply shows greater resilience to major disruption

Line chart titled 'Figure 16: International natural gas prices' showing USD per MMBtu from Jan 2021 to Nov 2026 for Henry Hub (orange), LNG Northeast Asia (blue), and TTF (gray) with event callouts along the timeline and a forward curve on the right.

Global LNG supply faced its biggest stress test since the 2022 energy crisis when disruption through the Strait of Hormuz constrained around 20% of worldwide LNG supply in 2026. The newly released Global Gas Report finds that the market proved considerably more resilient than four years earlier, supported by investment in new LNG capacity, regasification infrastructure, storage and increasingly diversified sources […]

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