Iran War to Delay Global LNG Oversupply to 2028, BloombergNEF Analysis Shows
() -- The ongoing Middle East conflict and delays in major projects have pushed an anticipated liquefied natural gas supply glut by a year, with oversupply now projected in 2028, according to an analysis by BloombergNEF Tuesday. Global LNG supply surplus is expected to peak in 2031-2032, with many new projects likely t