🚨 BREAKING: $DEGO $ACX
🇶🇦 Qatar’s LNG exports are plunging sharply, signaling major stress in global energy markets.
The 10-day moving average of LNG exports has dropped to just 33 tons, the lowest level since the 2008 Global Financial Crisis. That’s a ~90% collapse since February and about 85% below the average of the past decade.
At the same time, the world’s largest LNG export hub at Ras Laffan Industrial City has not shipped a single cargo in five days — the longest halt recorded in data going back to 2008.
Qatar, the world’s second-largest LNG supplier, normally provides around 20% of global LNG deliveries, with the majority heading to Asian markets.
Now, Asian importers are scrambling to find alternative supplies or cutting deliveries to major consumers such as fertilizer plants and industrial facilities.
Bottom line: Global energy supply chains are facing unprecedented pressure as disruptions ripple across the LNG market.
$OGN ⛽🌍
#LNG #EnergyCrisis #NaturalGas #GlobalEnergyDynamics #EnergyMarkets