More than 20mn b/d of crude oil, condensate and refined products are exported from the Gulf via the Strait of Hormuz chokepoint. Iraq and Iran are scrambling to develop bypass options, but to date only Saudi Arabia and the UAE have had success.

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Global LNG Trade: Top 5 Importers Collectively Took 13% More In 2018*; China Took A Whopping 41% More On Top Of 46% 2017 Gains (Mn T)

Japan’s Top 6 LNG Suppliers (Mn T): Australia Moves Further Ahead With Record 35% Market Share

Qatar Shipped 11% (5mn T) More To The Top 5 Asian Markets In 2018

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