BAKU, Azerbaijan, November 3. Total global
liquefied natural gas (LNG) supply losses in 2026–2030 could amount
to about 150 billion cubic meters due to short-term supply
disruptions and the medium-term consequences of damage to gas
infrastructure in the Middle East.


According to the International Energy Agency’s (IEA) Global Gas
Security Review 2026, these losses are due to the combined impact
of current supply disruptions and damage to gas infrastructure,
including the Ras Laffan complex in Qatar, which is the world’s
largest liquefied natural gas (LNG) production facility.


"LNG losses resulting from the conflict in the Middle East are
equivalent to 15% of new global LNG production capacity scheduled
to come online between 2026 and 2030.


Since the impact on supply growth will be concentrated mainly in
2026 and 2027, the situation in global gas markets may remain
tighter than previously anticipated. The expected easing of the
situation due to a new wave of LNG supplies may be delayed.


At the same time, recently approved natural gas liquefaction
projects are expected to increase global supply in the second half
of this decade.


As of March 2026, four major natural gas liquefaction projects
have reached a final investment decision. All of them are located
in North America,” the agency's report states.







In addition, the report notes that the implementation of the
second phase of the CP2 project will increase the facility's peak
production capacity to 40 billion cubic meters per year. Commercial
operation is expected to begin in the second half of 2030.


“The first floating LNG production vessel under the Delfin LNG
project, with a capacity of 6 billion cubic meters per year, is
expected to begin operations in 2030. The launch of the
Commonwealth LNG project, with a capacity of 13 billion cubic
meters per year, is scheduled for the same year.


The LNG Canada Phase 2 project, with a capacity of 19 billion
cubic meters per year, reached a final investment decision in
September 2026. It is expected to come online in the early
2030s.


The implementation of new LNG export projects may, over time,
contribute to greater security of natural gas supplies and greater
affordability," the IEA reports.