# IEA: Global LNG Supply to Fall 3% YoY in 2026 on Plummeted Middle East Supplies

> The IEA's Global Gas Security Review 2026 forecasts global LNG supply to fall about 20 bcm, or 3%, in 2026, the steepest annual decline on record. Loadings from Qatar and the UAE dropped by around 60 bcm between March and September because of disruptions through the Strait of Hormuz. The IEA also projects global gas demand to fall about 1.5% this year.

- Date: 2026-11-04 · published 2026-11-05T09:08:07.624Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/81448-iea-global-lng-supply-to-fall-3-yoy-in-2026-on-plummeted-middle-east-supplies
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A record supply decline with demand destruction still leaves the gas market tight, which supports natural gas prices and the cost of nitrogen fertiliser made from gas. Higher energy costs also feed through to feed manufacturing.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| NATGAS | 2026-03-26 | [Middle East War to Spark Biggest Energy Price Surge in Four Years](https://feedsoft.ai/events/12730-middle-east-war-to-spark-biggest-energy-price-surge-in-four-years.md) | -1.5% | -10.7% |
| 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 | 2017-02-01 | [Natural gas prices in 2017 and 2018 are expected to be higher than last year](https://feedsoft.ai/events/73135-natural-gas-prices-in-2017-and-2018-are-expected-to-be-higher-than-last-year.md) | +0.7% | -13.2% |
| NATGAS | 2018-05-17 | [U.S. LNG Export Growth Could Expose Domestic Market to Higher Prices, Global Risk](https://feedsoft.ai/events/65193-u-s-lng-export-growth-could-expose-domestic-market-to-higher-prices-global-risk.md) | +2.5% | +5.1% |

## Sources

- egyptoil-gas.com: https://egyptoil-gas.com/news/iea-global-lng-supply-to-fall-3-yoy-in-2026-on-plummeted-middle-east-supplies/

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