One Turn Open the globe →

Energy · Lagos, Nigeria ·

Africa's LNG exports projected to soar as buyers flee Hormuz

Reported by 1 outlet · under-reported · first reported Nov 4, 4:00 PM ET

The African Energy Chamber projects exports up 175%. Qatar is becoming the largest buyer of US LNG. Asian spot prices have tripled this year.

Why it matters

Gas supply shifts raise costs for importers.

Background

The Strait of Hormuz carries much of the world's LNG.

The story so far

  1. Two cargo ships sink after attacks near Strait of Hormuz
  2. Two cargo ships sink after attacks near the Strait of Hormuz
  3. Ship attacks near Hormuz hit a record as oil exports slow
  4. Oil tanker on fire after hitting mine in Strait of Hormuz, Iran says
  5. Iran attacks on Hormuz shipping continue as tanker hits mine
  6. Iran's Revolutionary Guards say mines halted tankers in Hormuz
  7. Iran says its mines halted tankers in Strait of Hormuz
  8. Iran says seven ships hit near Strait of Hormuz; US disputes claims
  9. Oil spill reaches UAE beaches after tanker strike near Hormuz
  10. Iran says two tankers hit mines near Strait of Hormuz
  11. Four tankers hit mines in Hormuz as Vance writes to Iran
  12. Iran says four tankers hit in Strait of Hormuz
  13. Oil spills from attacked tankers reach UAE coast as Hormuz traffic stays limited
  14. Tankers hit mines in Hormuz; Qatar LNG carrier attacked
  15. Africa's LNG exports projected to soar as buyers flee Hormuz

Follow the whole story →

Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

See it on the globe →All of Nov 4's stories

More on energy