United States unable to boost LNG exports as Strait of Hormuz closure disrupts supply
Updated
Updated · The New York Times · Apr 28
United States unable to boost LNG exports as Strait of Hormuz closure disrupts supply
12 articles · Updated · The New York Times · Apr 28
A two-month halt of Qatari LNG shipments has caused prices in Europe and Asia to surge up to sixfold compared to US prices.
The US, operating at full LNG export capacity, cannot compensate for the lost Qatari supply, forcing importers like Italy, Taiwan, and South Korea to seek alternatives.
This marks the second major disruption to global gas markets in five years, following Russia's 2022 supply cuts, with analysts warning rationing and energy shifts may be necessary if the strait remains closed.
A ceasefire has eased prices, but for how long? How can the world prepare for the next energy shock?
The top LNG exporter can't fill the supply gap. What are the true limits of American energy power?
After Russia and Iran, what is the next geopolitical flashpoint to trigger a global energy crisis?
With Qatari facilities crippled for years, who will win the race to dominate the future of LNG?
How will Taiwan's energy emergency threaten the world's supply of essential microchips?
Are renewables now making fossil fuel energy crises a thing of the past?