Japan’s Jera Sees Iran War Pushing LNG Buyers to U.S. and Canada

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More buyers could be pushed to seek and contract LNG supply from producers outside the Middle East, such as the U.S. and Canada, if a prolonged war continues to choke supply from the Gulf region, a senior executive at Japan’s biggest LNG buyer, Jera, told Reuters. “With 90 million metric tons from the Middle East absent from the global LNG market, the longer this persists, the greater the impact,” Ryosuke Tsugaru, Jera’s Senior Managing Executive Officer, told Reuters in an interview on Wednesday. A month before the…

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Original article published by OilPrice.com on March 19, 2026.
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