U.S. LNG export terminals are struggling to offset a disruption in Qatari LNG exports, The New York Times writes, because they’re already operating at or near full capacity. The strain has sent gas prices surging across Europe and Asia, raising costs for power generation, industry and home heating.
The crunch is also highlighting growing concerns over long-term supply as demand rises, fueled in part by artificial intelligence data centers and countries shifting away from coal. While several new export terminals in Texas and Louisiana are expected to come online, analysts say they won’t quickly fill the gap if disruptions persist.
Some warn prolonged shortages could keep prices elevated, accelerate investment in renewables and expose vulnerabilities in a global energy system increasingly reliant on LNG.
