LNG
The IEA reported a steep reduction in LNG output from Qatar and the UAE during the disruption period. New projects elsewhere are expected to limit the full-year decline in global supply.nnSubstitution is not immediate. Cargo availability, contract destination clauses, shipping distance and regasification access determine how quickly alternative supply can reach affected markets.
Source: IEA
This is an original MENA Oil & Gas market summary based on the cited public source. It is provided for general information and does not constitute an offer, investment advice, legal advice or confirmation of product availability.