2 publishers · first seen Fri, 06 Nov 2026 00:58 UTC · updated Sat, 07 Nov 2026 05:21 UTC
The International Energy Agency (IEA) has warned that global natural gas supplies could tighten further during the 2026-27 winter heating season due to disruptions to shipments through the Strait of Hormuz, affecting the global liquefied natural gas (LNG) market. LNG loadings from Qatar and the United Arab Emirates declined by 60 billion cubic metres (bcm) year-on-year between March and October 2026, contributing to a 5 per cent, or 20 bcm, fall in global LNG output. With transit through the Strait of Hormuz remaining severely restricted in late October, the IEA warned that the disruption could continue to affect global gas supplies during the winter months. The IEA outlined two possible scenarios for winter gas supplies, depending on when the Strait of Hormuz resumes normal operations.
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