Knowledge Tree
liquified natural gas
Also known as: LNG, liquefied natural gas, Liquefied Natural Gas
Facts (69)
Sources
Iran Conflict Brief: The High Cost of Attacking Energy Infrastructure energypolicy.columbia.edu Mar 19, 2026 22 facts
claimDamage to Qatar's LNG facilities could lead to a long-term decline in investment in LNG infrastructure and lower global LNG demand.
accountIsraeli forces conducted strikes on the South Pars gas field in Iran, which led to retaliatory attacks on Qatar’s Ras Laffan LNG plant and energy assets in the UAE, Kuwait, and Saudi Arabia.
measurementTwo LNG liquefaction plants in Qatar were hit, resulting in a loss of 12.8 million tons of capacity, which represents 17% of Qatar's total LNG export capacity.
claimAnne-Sophie Corbeau's worst-case scenario for the energy supply involves an attack on Kharg Island or South Pars, followed by retaliatory damage to Qatar's LNG facilities, which would impact both existing infrastructure and facilities under construction.
measurementThe Calcasieu Pass phase two project, which reached a Final Investment Decision (FID) in the week prior to the discussion, contributes to a projected increase in US LNG export volumes exceeding 300 billion cubic meters.
claimDespite being under international sanctions, LNG cargoes from the Russian Arctic LNG 2 facility and the Portovaya facility have been successfully delivered to the Binhai LNG terminal in China.
claimLNG exporters globally anticipated that LNG would replace coal in Asia, and expand into LNG trucking in China and India, as well as the shipping industry.
claimDaniel Sternoff notes that there is significant potential for further damage to energy infrastructure, specifically mentioning Qatar LNG facilities, UAE facilities, and upstream oil facilities in Saudi Arabia and the UAE.
perspectiveAnne-Sophie Corbeau asserts that energy security is fundamentally dependent on supply diversity, noting that the current concentration of LNG sources poses a significant risk.
measurementAs of March 19, 2026, the conflict in Iran has lasted for 20 days, with the Strait of Hormuz closed for three weeks, resulting in the blockage of nearly one-fifth of global liquefied natural gas (LNG) and oil supplies.
perspectiveAnne-Sophie Corbeau asserts that if the current Iranian regime remains in power, the threat to the Strait of Hormuz, as well as to oil and Liquefied Natural Gas (LNG) flows, will persist.
claimAnne-Sophie Corbeau identifies a significant price risk for US LNG because most US LNG is priced based on the Henry Hub benchmark.
claimDisruptions to the global Liquefied Natural Gas (LNG) market negatively impact countries in Asia and Europe.
measurementEurope plans to cease all Russian LNG imports by January 1, 2027, and all Russian pipeline gas imports by September 30, 2027.
claimAnne-Sophie Corbeau notes a discrepancy between the official US Energy Information Administration (EIA) outlook—which predicted moderate LNG export increases and declining domestic demand—and current market trends showing strong export growth and sustained domestic demand.
claimAnne-Sophie Corbeau observes that the current gas crisis is the second one in four years, impacting regions globally including Asia, Europe, and Latin America, leading to potential future reductions in dependency on LNG.
measurementThe United States is projected to account for approximately 30% of global LNG exports by the early 2030s.
claimMany Southeast Asian countries may increasingly turn toward renewable energy while maintaining coal usage, effectively skipping the transition to liquefied natural gas (LNG).
perspectiveDaniel Sternoff posits that short-to-medium term energy market fundamentals may shift toward renewables, coal switching, and potentially a return of Russian gas via pipeline or LNG.
claimA significant concentration of global LNG volumes passes through the Strait of Hormuz, which creates a vulnerability for energy security.
measurementEurope plans to stop all short-term LNG contracts with Russia on April 25, 2025, and all short-term pipeline contracts with Russia in June 2025.
measurementThe Strait of Hormuz has been closed for three weeks, which has effectively blocked nearly one-fifth of the world’s oil and liquefied natural gas (LNG) supply.
Conflict in the Middle East and the Impact on the Global Economy trendsresearch.org Mar 7, 2026 8 facts
measurementChina sources nearly one-third of its LNG imports from Qatar, making it the largest buyer of Qatari LNG.
measurementThe price of natural gas in Europe increased by 50% following the announcement by Qatar’s state-owned oil company regarding the shutdown of LNG production.
measurementIndia is the second-largest buyer of LNG from Qatar.
measurementAt least eleven LNG tankers traveling to or from Qatar have paused their voyages to avoid the route through the Strait of Hormuz.
measurementApproximately 20 percent of global Liquefied Natural Gas (LNG) exports pass through the Strait of Hormuz, and ship tracking data indicates that LNG traffic through this waterway has nearly stopped.
claimJapan and South Korea rely heavily on the Middle East to meet their crude oil and LNG demands.
claimQatar’s state-owned oil company announced it is shutting down the production of LNG due to the dangers associated with transiting through the Strait of Hormuz.
claimThe closure of the Strait of Hormuz would significantly affect Qatar's supply of Liquefied Natural Gas (LNG) to the world, potentially triggering the worst global gas supply crisis since the 2022 Russian invasion of Ukraine.
Iran and Middle East conflict impacts global economy - Deloitte deloitte.com Mar 18, 2026 8 facts
measurementApproximately 10% of liquefied natural gas (LNG) from Qatar and the United Arab Emirates transiting through the Strait of Hormuz was destined for the European Union.
measurementAmerican liquefied natural gas (LNG) accounted for approximately 20% of India's total LNG imports in 2024.
claimQatar has stopped production at its largest urea manufacturing plant due to the impact of liquified natural gas (LNG) plant shutdowns on urea production.
claimThere are no alternate export routes for liquified natural gas (LNG) from Qatar and the United Arab Emirates to countries outside the region.
claimQatar halted liquified natural gas (LNG) production following a drone attack on its facilities.
measurementIn 2025, 112 billion cubic meters of liquified natural gas (LNG) from Qatar and the United Arab Emirates traveled through the Strait of Hormuz.
claimThe European Union, India, Japan, and South Korea are expected to increase liquefied natural gas (LNG) purchases from the United States due to the United States' flexible capacity.
measurementThe United States accounts for approximately 60% of total liquefied natural gas (LNG) imports into the European Union, an increase from 24.1% in the first quarter of 2021.
What Does the Iran War Mean for Global Energy Markets? - CSIS csis.org Mar 6, 2026 8 facts
measurementA one-month halt in supply from Qatar and the United Arab Emirates would remove approximately 7 million tons of liquefied natural gas (LNG) from the global market.
claimA disruption in liquefied natural gas (LNG) supply lasting longer than one month would likely eliminate the anticipated global oversupply for the year, resulting in tighter market conditions and higher spot prices.
claimIranian attacks have damaged oil and gas facilities in the Mideast Gulf region, and threats against shipping through the Strait of Hormuz have halted oil and liquified natural gas (LNG) exports.
measurementQatar produced nearly 20 percent of global liquefied natural gas (LNG) last year, with over 80 percent of its cargoes exported to Asia.
claimThe removal of 7 million tons of liquefied natural gas (LNG) from the global market is considered a manageable amount.
measurementUnited States liquefied natural gas (LNG) supply grew by more than 20 million tons in the previous year.
perspectiveLiquefied natural gas (LNG) supply from regions such as the United States may have increased long-term appeal for buyers seeking to diversify supply sources and mitigate geopolitical risks.
claimThe current Gulf conflict highlights the transit and geopolitical risks associated with liquefied natural gas (LNG) supply from Qatar, the United Arab Emirates, and Oman.
Experts React | Effects of the Iran War on Energy Markets fpri.org Mar 23, 2026 3 facts
claimIran’s ballistic missile attacks on Qatar’s liquefied natural gas (LNG) infrastructure have caused turmoil in global energy markets.
claimAs Europe and premium Asian consumers outbid other buyers for scarce and expensive LNG, poorer import-dependent economies are priced out of the market.
claimThe Strait of Hormuz is the most significant geographical choke-point for natural gas, as Qatar exports roughly one-fifth of the world’s annual production of LNG through it.
Navigating market and political uncertainties in the age of energy ... brookings.edu Mar 11, 2025 3 facts
accountDue to the shale revolution, the United States became a net exporter of liquefied natural gas (LNG) in 2016, just over a decade after the U.S. National Petroleum Council predicted the country would rely on large imports.
accountIn 2003, the U.S. National Petroleum Council advised the U.S. Secretary of Energy that the future of American natural gas would involve large imports of liquefied natural gas (LNG).
measurementThe United States is currently the world’s largest exporter of liquefied natural gas (LNG).
Twenty questions (and expert answers) about the Iran war atlanticcouncil.org Mar 11, 2026 3 facts
claimLiquefied natural gas (LNG) export infrastructure typically requires more than a decade to move from the concept phase to the first cargo delivery.
claimQatar’s liquefied natural gas (LNG) capacity remains offline, while Russian LNG remains unsanctioned and continues to be supplied globally.
claimLiquefied natural gas (LNG) export infrastructure typically requires more than a decade to move from the concept phase to the first cargo delivery.
Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org Mar 17, 2026 3 facts
measurementTaiwan agreed to purchase $44.4 billion in LNG and crude oil, $25.2 billion in power equipment, generators, and steel-making equipment, and $15.2 billion in civil aircraft engines from the U.S. between 2025 and 2029.
claimNorth Macedonia has committed to begin purchasing U.S. liquified natural gas (LNG) once the new gas interconnector between North Macedonia and Greece is completed.
claimEl Salvador is encouraged to increase its purchases of U.S. liquified natural gas.
Middle East conflict economic impacts chips | Sourceability sourceability.com 7 days ago 2 facts
measurementMore than 80% of the oil and liquefied natural gas (LNG) shipped through the Strait of Hormuz is destined for Asian markets, primarily China, India, Japan, and South Korea.
measurementThe Strait of Hormuz is a 21-mile-wide choke point that facilitates the daily transport of approximately 20% of the world's oil and liquefied natural gas (LNG) trade.
The International Implications of the Russo-Ukrainian War link.springer.com 1 fact
referenceThe European Union's REPowerEU plan, launched in 2022, aims to reduce energy dependence on Russia by 2030 by accelerating the transition to renewable energy and diversifying gas supplies, including increased imports of liquefied natural gas (LNG) from the United States and Qatar, as reported by the European Commission.
Geopolitical analysis of the imposed war against Iran - Al Jazeera aljazeera.com Mar 10, 2026 1 fact
measurementApproximately 20 percent of global Liquefied Natural Gas (LNG) production was taken offline during the conflict period.
Iran War: Potential Impact on Global Equities - Charles Schwab schwab.com 1 fact
claimAsian economies face particularly large risks from the Iran conflict due to their reliance on Middle Eastern energy supplies, including oil and natural gas, where supply shortages emerge quickly because of the difficulties of storing liquified natural gas (LNG).
Iran Conflict Strains Global Supply Chains, With Secondary Impacts ... inboundlogistics.com 3 days ago 1 fact
claimThe adoption of alternative fuels like LNG, methanol, and ammonia by ocean carriers and trucking fleets has been uneven due to higher costs, limited infrastructure, and the need for new equipment.
The geopolitics of energy transition, part 1: Six challenges for the ... ine.org.pl Oct 4, 2021 1 fact
claimRussia has announced a strategic focus on the production of liquefied natural gas (LNG) and blue hydrogen, which is hydrogen produced from natural gas.
Geopolitics of the energy transition: between global challenges and ... geoprogress-edition.eu Oct 26, 2025 1 fact
claimThe European Union accelerated its disengagement from Russian energy supplies, which led to a rapid diversification of energy sources and increased investments in renewable energy and liquefied natural gas (LNG) infrastructure.
The Russia-Ukraine war and its effects on regional geopolitics clingendael.org 1 fact
measurementAs of 2025, Hungary and Slovakia continue to import Russian gas via pipelines, while Spain, Belgium, the Netherlands, and France are the largest importers of Russian liquefied natural gas (LNG).
Miscellanea: The War in Iran - A Collection of Unmitigated Pedantry acoup.blog Mar 25, 2026 1 fact
claimShips transporting oil and LNG require weeks to reach destinations, where products are often used to replenish stockpiles rather than reaching consumers immediately.
Conflict threatens global shipping and energy markets - China Daily chinadaily.com.cn Mar 9, 2026 1 fact
measurementThe Strait of Hormuz is a vital maritime corridor for global energy trade that carries approximately 25 percent of global seaborne oil trade and about 20 percent of liquefied natural gas.