Gas demand in Middle Eastern countries could amount to 615 bln cubic meters in 2026

Global LNG trade reached a record 436.98 million metric tons in 2025, but Middle East conflict threatens future growth.

IEA forecasts global natural gas demand will fall 0.5% in 2026 as higher prices and Strait of Hormuz disruptions tighten LNG supplies worldwide.

The IEA forecasts the first annual decline in global natural gas demand since 2022 as the Iran conflict drives prices to their highest levels since January

Despite the projected rise in oil production and exports from the Middle East in the coming months, it will take time to replenish significantly depleted global oil stocks

Gas demand in Middle Eastern countries could amount to 615 bln cubic meters in 2026