The Iran War Has Upended Global LNG Markets

Commodity analysts have revised their outlooks for global liquefied natural gas supply down by some 35 million tons as a result of the production and export disruptions stemming from the war in the Middle East. Forecasters, including Rystad Energy, Kpler, ICIS, and S&P Global, have all updated their expectations for LNG supply recently, Reuters reported, with the revisions covering this year and the period until 2029. Analysts cited the force majeure on Qatar’s LNG production facilities as the biggest reason, also noting the delay in…