LNG Buyers Seek Supply Diversity After Iran War
Global LNG buyers and sellers are pursuing supply diversity and alternative routes following the Iran war. Importers are turning to suppliers in West Africa, Indonesia, and other regions to replace halted shipments.
Xurve View
Insights:
Xurve View
Global LNG buyers scrambled to diversify supply routes and secure alternative volumes from West Africa to Indonesia after conflict involving Iran severely disrupted Gulf shipments. The disruption cut 36 million metric tons of supply from the Middle East, forcing importers to lean heavily on spot markets.
