Gas
LNG is now the backbone of global gas trade, and the US is its biggest winner
CEII brief
Offshore Technology reported on 12 Nov 2026: LNG is now the backbone of global gas trade, and the US is its biggest winner.
Read the full story on Offshore TechnologyGeopolitical tensions are materially reshaping the global LNG landscape by tightening supply options and elevating price volatility across key consuming regions.
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 © Offshore Technology. 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.