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In its latest Global LNG Monthly Forecast, S&P Global Platts Analytics projected a 100% increase of LNG prices if Qatar LNG exports through Hormuz Strait is blocked. The report said the closure of the Strait, Qatar’s only route to export LNG, will remove Qatar’s 280 million cu m/d, which makes 22% of the world’s demand.

Platts Analytics: LNG Prices Could Double if Hormuz Strait is Disrupted

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In its latest Global LNG Monthly Forecast, S&P Global Platts Analytics projected a 100% increase of LNG prices if Qatar LNG exports through Hormuz Strait is blocked.

The report said the closure of the Strait, Qatar’s only route to export LNG, will remove Qatar’s 280 million cu m/d, which makes 22% of the world’s demand.

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