LNG Buyers Scramble For Conflict-Free Supplies Beyond Gulf As War Rejiggers Global Energy Flows Since the early days of the US-Iran conflict, we have tracked the rewiring of global energy flows. That theme continues today and is accelerating as LNG buyers seek supplies and shipping routes well beyond the Gulf. Before the conflict, roughly one-fifth of global LNG trade transited through the Strait of Hormuz, concentrating risk at a single chokepoint. That vulnerability is now driving buyers to rejigger supply networks. At last week’s Gastech annual conference and exhibition for natural gas and LNG in Bangkok, Thailand, Reuters cited energy executives, government officials,… — Continue at ZeroHedge News : Read More
