Global LNG trade faces concentrated supply and chokepoint risks

Global LNG spare capacity compared with Hormuz-dependent exports from 2000 to 2025

Global LNG trade has expanded rapidly, but supply remains concentrated among a few exporters while demand is spread across a growing number of importing countries. This report examines how the Strait of Hormuz, infrastructure constraints and price shocks affect supply security, alongside the outlook for demand and fuel substitution. Why we chose this report:  The report draws on a harmonised […]

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