Middle East War Impact: IEA Estimates LNG Supply Tight Until End of Next Year
The IEA warned that LNG supply shortages are likely to continue until the end of 2027 due to supply disruptions and infrastructure damage caused by the US-Iran war in the Middle East.
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- 📰 Published: April 24, 2026 at 18:21
- 🔍 Collected: April 24, 2026 at 18:31 (10 min after Published)
- 🤖 AI Analyzed: April 24, 2026 at 23:14 (4h 42m after Collected)
Major News on the US-Iran War
Central News Agency
(CNA, Paris, 24th, Comprehensive Foreign Dispatch) The International Energy Agency (IEA) released its latest report today pointing out that affected by LNG supply disruptions and related infrastructure damage caused by the war between the US and Iran, the tight supply is very likely to continue until the end of 2027.
According to AFP, Iran's retaliation against US and Israeli attacks has made tanker traffic in the Persian Gulf practically impossible to pass through the Strait of Hormuz and has begun to strike oil and gas targets in neighboring countries, causing energy prices to soar.
The IEA stated in the report that LNG is facing short-term supply losses, coupled with a slowdown in capacity growth, which could bring the cumulative supply loss between this year and 2030 to approximately 120 billion cubic meters.
The IEA said the Middle East conflict has reduced LNG supplies by nearly 20% and has likely delayed new investments related to increasing production; although new LNG projects in other regions are expected to gradually make up for these losses, the impact of the conflict will keep supply tight until the end of next year.
On the other hand, surging gas prices are also suppressing demand. Many countries have announced energy-saving measures, which may drive an increase in demand for renewable energy.
The IEA pointed out that demand will play a key role in balancing the natural gas market, particularly in Asia, where local areas have not only adopted energy-saving measures but also begun to accelerate the transition to renewable energy. (Translator: Chang Cheng-chien) 1150424
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Central News Agency
(CNA, Paris, 24th, Comprehensive Foreign Dispatch) The International Energy Agency (IEA) released its latest report today pointing out that affected by LNG supply disruptions and related infrastructure damage caused by the war between the US and Iran, the tight supply is very likely to continue until the end of 2027.
According to AFP, Iran's retaliation against US and Israeli attacks has made tanker traffic in the Persian Gulf practically impossible to pass through the Strait of Hormuz and has begun to strike oil and gas targets in neighboring countries, causing energy prices to soar.
The IEA stated in the report that LNG is facing short-term supply losses, coupled with a slowdown in capacity growth, which could bring the cumulative supply loss between this year and 2030 to approximately 120 billion cubic meters.
The IEA said the Middle East conflict has reduced LNG supplies by nearly 20% and has likely delayed new investments related to increasing production; although new LNG projects in other regions are expected to gradually make up for these losses, the impact of the conflict will keep supply tight until the end of next year.
On the other hand, surging gas prices are also suppressing demand. Many countries have announced energy-saving measures, which may drive an increase in demand for renewable energy.
The IEA pointed out that demand will play a key role in balancing the natural gas market, particularly in Asia, where local areas have not only adopted energy-saving measures but also begun to accelerate the transition to renewable energy. (Translator: Chang Cheng-chien) 1150424
Choose to stand with the truth; every sponsorship from you is the power to protect press freedom.
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The text, images, and audio/video of this website cannot be reprinted, publicly broadcast, publicly transmitted, or utilized without authorization.