OIES – Modelling the Impact of the Strait of Hormuz Closure on Global Gas Flows and Prices
Summary
This report models the impact of the closure of the Strait of Hormuz on global LNG flows and prices.
It examines the consequences of disrupted shipping through the Strait, focusing on LNG supply from the Persian Gulf. The report outlines three short-term scenarios for LNG supply resumption and analyzes the expected rebalancing of the global LNG market, including reduced demand in price-sensitive markets and lower European storage replenishment.
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