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19.03.26 - 21:45
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US LNG Export Terminals "Running Near Maximum" As MidEast Energy Infra Descends Into Chaos (ZeroHedge)
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US LNG Export Terminals "Running Near Maximum" As MidEast Energy Infra Descends Into Chaos
The attacks on upstream oil/gas assets across the Middle East this week sparked turmoil across global energy markets.
Israel set off the chain reaction with its attack on Iran's South Pars gas field on Wednesday morning, followed by Iran's retaliatory strikes on Qatar's LNG plant, Saudi Arabia's Red Sea export hub, and other targets across the surrounding Gulf states.
This week's attacks on critical upstream energy facilities across the Middle East, by both Iran and Israel, suggest the risk of prolonged outages and tighter global gas markets.
Read:
WTI-Brent Spread Explodes As Trump Mulls Export Ban; Iran's Attack On Qatar's LNG "Worse Than Nord Stream"
That is bullish for U.S. LNG exporters along the Gulf of America, where waters remain calm and the risk of major conflict is low.
But as Criterion Research President, James Bevan, details below, these U.S. export hubs are a...
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