The Second Shock: US LNG and the Global Natural Gas Stalemate

Episode notes

The global energy market continues to grapple with its second major shock of the decade as the Iran war, which began in late February, stretches into an indefinite stalemate. With critical LNG production offline in Qatar and the Strait of Hormuz still closed, the world faces a natural gas supply void that has sent global benchmarks soaring while leaving the market skeptical of a quick resolution. In this episode of Hub & Flow, NGI managing editor of LNG Jamison Cocklin joins the podcast to break down the new normal for natural gas. From the technical hurdles of repairing damaged liquefaction trains in the Middle East to potential knock-on effects for US LNG, Cocklin assesses whether North American exports can truly fill the global gap. This episode explores the long-term shifts in LNG's role and how this latest wave of volatility could push North American projects toward final investment decisions.

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