U.S. LNG Is Becoming the Backbone of Global Gas Supply

For years, global LNG markets operated under a fairly comfortable assumption. Qatar would remain a stable supplier, the Middle East would continue functioning as the center of global LNG trade, and buyers in Europe and Asia could rely on long-term contracts to keep gas flowing. That assumption is now under pressure. Damage to energy infrastructure in the Middle East, rising geopolitical instability, and growing concerns about shipping security have injected a new layer of risk into global LNG markets. At the same time, demand is accelerating from…