Global natural gas markets could face mounting supply pressures during the 2026–27 winter, as continued disruptions to shipments through the Strait of Hormuz threaten to deepen an already challenging situation for the liquefied natural gas (LNG) industry, according to the International Energy Agency (IEA). The disruption has significantly affected exports from key Middle Eastern producers, particularly Qatar and the United Arab Emirates (UAE). The resulting decline in LNG availability has raised concerns about the ability of global suppliers to meet seasonal demand, especially across the Northern Hemisphere.
\n\nIn its latest assessment, the IEA highlighted the scale of the disruption and warned that uncertainty surrounding the reopening of the Strait of Hormuz could keep international gas markets under pressure throughout the winter.
\n\nThe IEA reported that LNG shipments from Qatar and the UAE fell by 60 billion cubic metres (bcm) year-on-year between March and October 2026. This reduction contributed to a 5 per cent decline in worldwide LNG production, equivalent to approximately 20 bcm.
\n\nAlthough newly commissioned liquefaction facilities have started bringing additional volumes to the market, their contribution has not been sufficient to make up for the shortfall in Middle Eastern exports.
\n\nWith shipping movements through the Strait of Hormuz…
Original source: https://www.timesnownews.com/business-economy
