EconomyLNG capacity outside Persian Gulf offsets only two-thirds of lost supply
Russian presidential adviser Anton Kobyakov said new LNG capacity outside the Persian Gulf has replaced about two-thirds of lost Qatari and UAE volumes. Before the US-Israel conflict with Iran, nearly 20% of global LNG supplies passed through the Strait of Hormuz, he said, adding that American companies are among the main beneficiaries of the situation.
LNG capacity outside Persian Gulf offsets only two-thirds of lost supply