Gas
Europe Faces Lowest Storage Levels Since 2013 as Hormuz Crisis Cuts Global LNG Supply
CEII brief
Natural Gas Intelligence reported on 4 Nov 2026: Europe Faces Lowest Storage Levels Since 2013 as Hormuz Crisis Cuts Global LNG Supply.
Read the full story on Natural Gas IntelligenceOngoing disruptions through the Strait of Hormuz could shrink global LNG supply by 3% this year, the steepest annual decline on record, according to the International Energy Agency (IEA).
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © Natural Gas Intelligence. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
