Low European gas stocks heighten competition for flexible LNG
The IEA reported Europe entering winter with its lowest gas stocks since 2013. Hormuz disruption cut Qatar and UAE loadings by over 60 bcm during March–October.
Original source ↗2026-11-10 · revision 4 · Information cutoff 2026-11-10T10:34:47.080195+00:00
TOPIC
Middle East, shipping and energy
Thin stocks reduce the buffer against cold weather and outages. Competition for flexible cargoes can raise power and industrial procurement costs.