Australia Touts LNG Reliability as MidEast War Disrupts Flows

Australia’s government touted the country’s ability to supply LNG reliably as global energy markets are roiled by the Middle East conflict, while calling on trading partners to boost investment in its gas resources.

The US-Israeli war against Iran has forced major supplier Qatar to suspend the world’s biggest liquefied natural gas export facility, and commodity shipments through the vital Strait of Hormuz have all but ceased, sending oil and gas prices soaring.