U.S. and Qatar’s Grip on LNG Market Raised Global Vulnerability Before War

The global liquefied natural gas (LNG) market had become concentrated. Two countries dominated supply. The United States and Qatar together accounted for a large share of exports. This concentration left many importers dependent on limited sources. The onset of war disrupted flows and highlighted the risk. One of the dominant suppliers has since been hampered by conflict‑related damage. Analysts warn that such reliance can expose the world to energy shortages. Calls are growing for diversification of LNG supply chains.