The disruption to energy flows in the Strait of Hormuz is making it more attractive for Equinor to develop a long-stalled liquefied natural gas (LNG) export plant in Tanzania, the Norwegian company said on Tuesday. The US-Israeli war with Iran is reshaping the global energy industry, stripping Qatar and other Gulf producers of their reputation as some of the world's most reliable suppliers as Tehran struck export plants and blocked shipments.

Disruptions to energy flows through the Strait of Hormuz are making Tanzania’s long-stalled liquefied natural gas (LNG) project more attractive to Equinor, the Norwegian energy…

Middle Eastern turmoil makes Tanzania’s delayed LNG project more attractive to Equinor