LNG's Uncertain Future: A Boom and Bust Cycle? The LNG market has faced significant challenges in recent years, including blockades in the Strait of Hormuz.
However, experts predict that the market will rebound after 2026, driven by growing demand from South Asia and Southeast Asia.
According to the International Gas Union (IGU), global LNG supply capacity is expected to surge to 700 million tonnes per year by 2030, driven primarily by economic expansion in the region.