EIA: Strait of Hormuz accounts for 20% of global LNG transits in 2024
According to the U.S Energy Information Administration (EIA), in 2024, about 20% of global liquefied natural gas (LNG) trade transited the Strait of Hormuz, primarily from Qatar.
The strait is a critical route for oil and petroleum products as well. Qatar exported about 9.3 billion cubic feet per day (Bcf/d) of LNG through the Strait of Hormuz in 2024, and the United Arab Emirates (UAE) exported about 0.7 Bcf/d, accounting for nearly all LNG flows from the Persian Gulf through Hormuz.
Moreover, it is estimated that 83% of the LNG that moved through the Strait of Hormuz in 2024 went from Persian Gulf countries to Asian markets. China, India and South Korea were the top destinations for LNG moving through the St
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