Bloomberg
Shell Sees LNG Trade Flat in 2026 as Hormuz Chokes Supply
Tuesday, June 30, 2026
Shell Plc expects global liquefied natural gas supply to remain unchanged year-on-year in 2026, marking a shift from more than a decade of growth. The company attributed the projected flatness to supply constraints related to Middle East tensions. Shell's forecast reflects concerns about potential disruptions to natural gas flows through key shipping routes in the region.