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LNG demand in Pakistan, China and India expected to rebound after US-Iran war ends

BANGKOK: LNG demand from Pakistan, China and India is likely to rebound from multi-year lows once the Middle East supply crunch ends and new supplies emerge, industry executives say, reversing a pick-up in coal and oil to replace gas during the U.S.-Iran war. The conflict has prevented Qatar and the United Arab Emirates from exporting most of their LNG via the Strait of Hormuz, through which a fifth of global supplies used to pass, driving up prices. Shell, the world’s biggest LNG trader, estima

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Originally published byBusiness Recorder 1h ago · brecorder.com
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