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The ongoing Iran war is projected to result in a loss of approximately 120 billion cubic metres of global liquefied natural gas supply from 2026 to 2030, significantly impacting market conditions and European storage levels, according to Gergely Molnar from the International Energy Agency. #EnergyCrisis #NaturalGas #LNGSupply #IR #QA #AE #EU

The ongoing Iran war is projected to reduce global liquefied natural gas supply by approximately 120 billion cubic metres from 2026 to 2030, leading to tighter market conditions and a 15% cut in LNG supply, despite expected increases in new liquefaction capacity that may mitigate losses from Qatar and the UAE. #EnergyCrisis #LNGSupply #IranConflict #IR #QA #AE #EU

The Iran war is projected to result in a loss of approximately 120 billion cubic meters of liquefied natural gas supply from 2026 to 2030, with current conflicts already cutting supply by about 15%, while new liquefaction capacities may help mitigate some losses, according to International Energy Agency analyst Gergely Molnar. #EnergyCrisis #LNGSupply #IranConflict #IR #QA #AE #EU

Equinor's CFO Torgrim Reitan stated that Europe may struggle to meet its goal of filling gas storage sites to 80% before next winter due to current low storage levels and unfavorable market conditions, compounded by supply issues from the Middle East war impacting Qatari LNG production. #EuropeanGasMarket #EnergyCrisis #LNGSupply #EU #QA #US #IR