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IEA sees 'tight' liquefied natural gas markets through 2027
World News
24-04-2026 | 02:14
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IEA sees 'tight' liquefied natural gas markets through 2027
Liquefied natural gas (LNG) supplies are likely to remain strained through the end of 2027 due to disruptions and infrastructure damage from the U.S.-Iran war, the International Energy Agency said Friday.
"The combined effect of short-term supply losses and slower capacity growth could result in a cumulative loss of around 120 billion cubic metres of LNG supply between 2026 and 2030," the Paris-based agency said in a new report.
"While new liquefaction projects in other regions are expected to offset these losses over time, the impact will prolong tight markets through 2026 and 2027," it said.
AFP
World News
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