MINUTES
About Minutes
Back to latest

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.

LNGStrait of HormuzQatarUnited Arab Emirates

TTASS★★★★☆2026-10-16 11:06Original

LNG capacity outside Persian Gulf offsets only two-thirds of lost supply
Economy