# Growing LNG supply eases the Hormuz squeeze on gas

> The IEA's Global Gas Security Review 2026 finds that growing LNG supply, especially from North America and more flexible contracts, is helping markets absorb the Hormuz supply shock. Europe is entering winter with its lowest gas storage in over a decade, and the IEA projects global LNG supply to fall about 3% in 2026.

- Date: 2026-11-04 · published 2026-11-04T12:07:42.485Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/79597-growing-lng-supply-eases-the-hormuz-squeeze-on-gas
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight storage and scarce flexible cargoes could keep gas and power costs elevated into 2027, raising energy costs for feed producers in Europe and Asia. The IEA's view of easing supply offers some offset to the price pressure.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2016-10-19 | [US natural gas prices surge amid supply fears \| Gas Processing & LNG](https://feedsoft.ai/events/10117-us-natural-gas-prices-surge-amid-supply-fears-gas-processing-and-lng.md) | -16.1% | -20.2% |
| NATGAS | 2020-10-20 | [Here's Why Natural Gas Is on the Verge of Breaking Above $3](https://feedsoft.ai/events/7683-here-s-why-natural-gas-is-on-the-verge-of-breaking-above-3.md) | +21.5% | +4.8% |
| NATGAS | 2022-05-24 | [LNG Demand Seen Driving Natural Gas Prices Higher This Summer, FERC Says](https://feedsoft.ai/events/41573-lng-demand-seen-driving-natural-gas-prices-higher-this-summer-ferc-says.md) | -1.7% | -19.4% |
| NATGAS | 2019-02-06 | [Signposts for the gas outlook - IEA](https://feedsoft.ai/events/60784-signposts-for-the-gas-outlook-iea.md) | +3.8% | +15.6% |
| NATGAS | 2026-03-12 | [World faces largest-ever oil supply disruption on Middle East war, IEA says \| Reuters](https://feedsoft.ai/events/9389-world-faces-largest-ever-oil-supply-disruption-on-middle-east-war-iea-says.md) | -2.7% | -14.3% |

## Sources

- energylivenews.com: https://www.energylivenews.com/2026/11/04/growing-lng-supply-eases-the-hormuz-squeeze-on-gas/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.