Global liquefied natural gas exports have plummeted, reaching their lowest level in six months. The main reason for this decline was the conflict in the Middle East, which disrupted key logistics routes and offset supply growth.

According to vessel tracking data, shipment volumes have fallen by approximately 20% since the beginning of the month. As a result, average daily exports have fallen to 1.1 million tonnes, the lowest level since September last year.

A key factor was the reduction in supplies from Qatar and, to some extent, from the UAE. Tanker shipments from these countries are directly dependent on the Strait of Hormuz, which has been effectively blocked due to the conflict.

Despite the launch of new capacity in the US and Canada last year, the current disruptions have completely offset this growth. The loss of Middle Eastern volumes has proven critical for the global balance. Experts note that if restrictions continue, the market could face a prolonged shortage and further increases in gas prices.