Iran War Disruption Won't Deter Looming Gas Glut, Consultant Says
The disruption of Middle East LNG exports due to the US war with Iran has not altered the prospects of a global gas supply glut in coming years, according to a consultant.
At Montel's Austrian Energy Day on Thursday, the consultant stated that despite the recent disruptions, the looming gas glut remains unchanged.
The Middle East is a significant supplier of liquefied natural gas (LNG), and any disruption to these exports can impact global markets. However, it seems that this crisis has not derailed the anticipated supply glut.