About One-Fifth of Global Liquefied Natural Gas Trade Flows through the Strait of Hormuz - CleanTechnica

In 2024, approximately 20% of the global liquefied natural gas (LNG) trade passed through the Strait of Hormuz, a vital maritime chokepoint primarily for exports from Qatar and the United Arab Emirates (UAE). Qatar exported about 9.3 billion cubic feet per day (Bcf/d) of LNG through the strait, while the UAE contributed around 0.7 Bcf/d, together representing nearly all Persian Gulf LNG flows via Hormuz. The majority (83%) of this LNG was destined for Asian markets, with China, India, and South Korea receiving 52% of the LNG transiting the strait. Shifts in LNG trade patterns were also noted in 2024, with exports through the Bab al-Mandeb Strait and increased U.S. LNG shipments to Europe redirecting Qatari LNG flows more toward Asia rather than Europe. Additionally, Gulf countries such as Kuwait and the UAE imported LNG sourced from outside the Persian Gulf,