West Asia conflict could cause 120 bcm of LNG supply loss from 2026-2030, says International Energy Agency
Qatar Energy’s liquefied natural gas (LNG) production facilities, amid the U.S.-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar. File
| Photo Credit: Reuters
The West Asia conflict could result in the loss of around 120 billion cubic metres (bcm) of cumulative liquefied natural gas (LNG) supply between 2026 and 2030, or 15% of expected global supply, due to short-term disruptions to flows and slower capacity growth, the International Energy Agency (IEA) said on Friday (April 24, 2026).
The loss will ultimately be offset by the starting of new liquefaction facilities but the impact on growth will be mostly this year and next and will therefore delay the effects of an expected wave of LNG supply from new projects, the IEA said in its quarterly natural gas outlook.
LNG supply growth came to a halt in March after the closure of the Strait of Hormuz, which effectively reduced the combined LNG production of Qatar and the United Arab Emirates by around 10 bcm for the month.
Published – April 24, 2026 01:27 pm IST
